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VERIFIEDMint Companies·negative

DMart Q1 results: Higher costs, slower mature-store growth weigh on margins

AI Summary
  • ·Avenue Supermarts' Q1 results were impacted by higher costs and slower growth at mature stores.
  • ·Quick commerce apps are affecting urban revenue for the parent firm.
  • ·The company is focusing on expanding in tier-II and tier-III markets to maintain momentum.
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