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D-Mart Shares Drop 4% Despite Strong Q1 Profit Growth

Avenue Supermarts, the parent company of D-Mart, saw its shares fall nearly 4% today despite reporting a 13% rise in Q1 FY2027 net profit to ₹936 crore. Revenue increased 15% to ₹18,343 crore, while EBITDA grew 16%. It also approved raising up to ₹1,000 crore through non-convertible debentures and appointed Lalit Ahuja as its new Chief Operating Officer.