After three quarters of contraction, DMart’s gross margin expanded 5bp YoY to 14.2% (~20bp beat) in Q2 FY26.

(Photo: Vijay Sartape/NDTV Profit) DMart posted in-line results in Q2 FY26 standalone Ebitda grew 11% YoY as margin contracted 30 bp YoY to 7.6% (in line). After three quarters of contraction, DMart’s gross margin expanded 5bp YoY to 14.2% (~20bp beat) in Q2 FY26. However, cost of retailing remained elevated, with ~7% YoY uptick on a per sqft basis (+35bp YoY).

To continue reading this story You must be an existing Premium User Already a Premium User? Sign In

See Full Page