“DMart muted profit older store growth”

India’s leading value retail chain DMart, operated by Avenue Supermarts Ltd, reported a mixed set of numbers for the second quarter of FY26, with consolidated net profit rising just 3.8% year-on-year to ₹684.85 crore, despite a healthy 15.4% growth in revenue to ₹16,676.3 crore. The muted bottom-line performance was attributed to surging employee expenses and…