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VERIFIEDET Stocks·neutral
DMart shares fall 4% after Q1 results. What are Motilal Oswal, other brokerages saying?
AI Summary
- ·DMart reported an 11.3% year-on-year rise in consolidated net profit to Rs 860.6 crore for the June quarter.
- ·Revenue for the quarter grew 14.9% to Rs 18,794 crore.
- ·EBITDA increased 15.4% to Rs 1,499 crore, with EBITDA margin improving marginally to 8%.