DMart is set to announce its Q1 results, with analysts expecting a 14% rise in profit for the June quarter.
Bloomberg estimates predict a 17.8% year-on-year revenue increase to Rs 16,583 crore for DMart in Q1.
Ebitda is expected to increase by 11% to Rs 1,354 crore, with margins likely to narrow to 8.2%.
Despite concerns of weak demand impacting consumer staples, multiple companies including Avenue Supermarts Ltd., Amal Ltd., and Aditya Birla Money Ltd. are set to report their Q1 financial results.