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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.