DMart margins under pressure as quick commerce reshapes retail landscape

How is intense competition from 10-minute delivery platforms impacting DMart? The retail chain, which relies heavily on offline stores, added 85 stores in FY26 and is expected to add another 150 stores by FY28. However, it is witnessing slow sales growth at its older metro stores. Its online grocery business, DMart Ready, has also exited 14 cities over the last 15 months.

The bigger question now is whether DMart will be able to withstand the intensifying competition in the quick commerce sector, which is already dominated by established players such as Blinkit and Zepto.