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DMart's Q1FY26 pre-quarter update reveals slower-than-expected revenue growth and margin compression, capping potential upsides. The company is focusing on expanding its retail footprint in non-metro towns, with only 2 out of 9 new stores added in major cities. Competitive pressures from quick commerce players may weigh on future growth, and the stock has reacted negatively, down over 1% at close.

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