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Exaggerated Expectations from Quick Commerce, Underappreciation of DMart's Potential?
Given that many financial institutions argue and give a "Sell" rating to that the rise of quick commerce could erode DMart's market share or margins, is there sufficient evidence to support this claim? Note the Points 1)Zepto Revenue (FY23): ₹2,024 crore, a 14x increase from ₹142.36 crore in F¥22. Losses (FY23): ₹1,272 crore (tripled from ₹390 crore in FY22) 2) FMGC inflation Pressure1
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