DMart slides 4.87% on soft Q1 update; PC Jeweller jumps 6.5%, Marico guides strong growth
DMart's Q1 revenue grew 15% YoY to Rs 18,343.49 crore across 503 stores, missing estimates and sending shares down 4.87%. Marico guided for early-twenties revenue growth in Q1 FY27 on strong volumes. PC Jeweller rose 6.5% on ~21% YoY revenue growth and a 90%+ debt reduction since Sept 2024.
DMart shares fell 4.87% after below-estimate Q1 update: 15% YoY revenue to Rs 18,343 crore, 503 stores. Marico guided early-twenties revenue growth on strong volumes. PC Jeweller rose 6.5% on 21% growth and near debt-free status.