DMart stock drops 4% even with 11% jump in Q1 profit
On Monday, DMart's share price declined by 4%, even though the company posted an 11.3% year-on-year increase in net profit for the first quarter of FY27, reaching ₹860.6 crore. The retailer saw its revenue climb 14.9% to ₹18,794 crore, and EBITDA rose by 15.4% to ₹1,499 crore. Following these results, market analysts were split on the stock, balancing the company's solid growth against worries regarding its current valuation and profit margins.
by shortkt.com✓