DMart cuts online grocery presence to 11 cities amid rising quick-commerce competition
- DMart has reduced DMart Ready’s presence from 24 cities to 11, exiting seven more cities in the June quarter.
- DMart Ready’s FY26 revenue rose 16.9% to ₹4,093.61 crore, but its loss widened to ₹306.53 crore.
- The company wants to prove a sustainable model in these 11 cities, where the majority of its online business comes from.
- The company targets six-hour deliveries, improving assortment instead of competing with 10-minute quick commerce.
Source: financialexpress.com
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