DMart Q2: Same-store sales rise 9.5% as profit falls 13.6%
In short
DMart said its store network grew 20% in Q2. Same-store sales growth sped up to 9.5%, but sales per square foot rose only 0.6% and consolidated profit fell 13.6% compared with the previous quarter.
That matters because the chain is selling more, but making less profit for now. The report does not say what caused the lower margins.
What the reporting says
DMart reported Q2 results with its store network growing 20%, same-store sales growth accelerating to 9.5%, and sales per square foot rising just 0.6%. Consolidated profit fell 13.6% sequentially as margins narrowed. The reporting does not say what drove the margin pressure or how the result affected future guidance, but the mix suggests stronger sales with weaker profitability.
Why it matters
DMart’s Q2 update showed a 20% larger store network, same-store sales growth of 9.5%, and only 0.6% growth in sales per square foot, while consolidated profit fell 13.6% sequentially as margins narrowed. The reported numbers point to stronger demand but weaker profitability. The source does not state the cause of the margin squeeze or any management response.