business / news / / CNBC TV18
Morgan Stanley said that DMart's operations remained largely unaffected by supply chain disruptions.
DMart achieved its strongest like-for-like growth in over two years at 10.8%.
KEY POINTS
- The company added 58 stores in the quarter, bringing its total to 500 outlets.
- A temporary spike in March sales due to geopolitical tensions normalised by month-end.
- Profit growth lagged EBITDA due to higher finance costs and lower other income.
- DMart stock is trading at around 85x estimated FY27 earnings.
COMPANIES
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