June 18, 2024

Dmart Share Drop 2% After Q1 Result

1 min read
Dmart Q1 Result

Dmart Stock fall 2% after the Q1 Result. In Last 1 Year Company Stock Price Drop almost 4% Due to Weak Demand. Radhakishan Damani Dmart is Known for it’s huge discounts on food and grocery.

In Q1 2024, Dmart Net Income stands at 11,631 Crore while last year on same quarter company net income was 9,843 Crore.

In Q1 2024, Dmart Net Profits stands at 695 Crore while last year on same quarter company’s net profits was 680 Crore.

Dmart has 324 Stores all over the india while their biggest competitors reliance retail has 3300 Stores. Dmart Store opening speed is slow compare to Reliance Retail. Dmart is also facing big competiton from online players like Big Basket, Zapto, Blinkit, Dunzo, Jio Mart, Etc

Particulars (In Crore)June 2023March 2023June 2022
Income11,63110,3799,843
Net Profit695507679

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