DMart Ready Exits 7 Cities, Retreats to 11 Metros as Quick-Commerce Bites
DMart Ready shut online grocery in 7 marginal cities to focus on 11 metros amid mounting quick-commerce pressure from Blinkit, Instamart and Zepto. Parent Avenue Supermarts posted ₹18,343 crore revenue (up 15.1%) and ₹936 crore net profit (up 12.8%) in Q1FY27, adding 3 stores for a 503 total.
DMart Ready shut online grocery in 7 marginal cities, now operating in 11 metros, amid quick-commerce pressure. Avenue Supermarts posted 15.1% revenue and 12.8% profit growth, added 3 stores, and announced a COO reshuffle.
Why this matters
The exit follows a soft Q1 that sent DMart down 4% and split brokerages, with PL Capital flagging rich valuation and quick-commerce pressure amid clouded metro growth.
Omni-channel activity is steady with 962 signals over the past 90 days.