DMart Q1 Sales Miss Fuels Mixed Broker Views Amid Quick-Commerce Pressure
Avenue Supermarts posted Q1 FY27 revenue of Rs 18,343 crore, up 15.1% YoY but short of Street estimates. Slowing same-store growth, revenue per sq ft down 3% YoY, and fewer store additions have brokerages split, with target prices ranging Rs 3,100-5,500 as quick-commerce rivals bite.
DMart's Q1 FY27 revenue of Rs 18,343 crore (up 15.1% YoY) missed Street estimates, prompting cautious brokerage views on slowing same-store sales, fewer store additions, and rising quick-commerce competition.