D-Mart Q2 2023 Results

Read this story to learn about Q2- highlights, performance, earnings, dividend updates, market performance, etc.,

Highlights of the Result

· 11% growth in average store count. · 7% year-on-year per-store revenue growth · Revenue Growth 18.6% Y-o-Y

Performance Highlights

· Total Consolidated Income:  ₹ 12,661.29 Cr · Profit Before Tax: ₹ 851.94 Cr · Net Profit: ₹ 623.35 Cr · Net Profit Decline: 9.09% YoY

Profits Decline

Q2 profits slightly below expectations at ₹623.35 Cr, down 9.09% YoY. Standalone net profit at ₹658.54 Cr. EPS at ₹9.58 per share.

Major Announcements

· Nine new stores launched in Q2. · Total physical outlet count currently stands at 336 stores.