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📊 D-Mart reported Q2 FY27 standalone revenue of ₹19,206 crore, up 18.4% year-on-year and 4.7% from the previous quarter. Growth also accelerated from 15.1% in Q1.

📉 Despite this, the stock fell nearly 6% in the first trading session after the update. Revenue growth was only about 1% above expectations, while the market remains cautious about the quality of growth as higher inflation and consumer-goods pricing may have supported the headline figure.

🏬 D-Mart added 15 stores during the quarter, taking its network to 518. However, the current update does not yet include profit, margins or same-store sales data.

🔎 Attention now shifts to the full results on October 10. If margins and transaction growth improve, the current selloff may appear relatively sharp compared with the underlying business performance.

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