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DMart Shares Fall 4% as Margin Pressure Overshadows Same-Store Growth

Avenue Supermarts shares fell over 4% on Monday after September-quarter results showed EBITDA margin declining year over year. The company attributed the pressure to higher operating expenses.

DMART

6 per cent a year earlier, with the company attributing the pressure to higher operating expensesShares of Avenue Supermarts, which operates the DMart retail chain, fell over 4 per cent on Monday after its September-quarter results exposed a widening ga…