DMart’s future lies in network expansion and FMCG focus, says Jignanshu Gor

Bernstein India’s Jignanshu Gor believes DMart’s growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains solid footfalls and same-store sales growth. While margin improvements are expected, DMart’s focus on private labels, D2C brands, and basic apparel positions them well for future success.

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