DMart Revenue Surges 17% Amid Quick Commerce Battle

• DMart's parent, Avenue Supermarts, reported a 17.5% increase in standalone revenue, reaching Rs 15,565.23 crore for the September quarter.
• Despite a challenging quarter with revenue and net profit below expectations, DMart added 10 new stores, totaling 387 by December 31.
• Shares saw a slight recovery, up 1.4% on January 2, but remain down 12% over the past year, impacted by competitive pressures from quick commerce players.

Source: Moneycontrol