News of the expansion sent D-Mart's stock up more than 8% on April 1; clearly, investors are impressed.
Facing tough competition from online grocery apps like Blinkit and Instamart, D-Mart has started leasing spaces instead of buying land to open stores faster.
Even with these changes, CEO Navil Noronha sounded hopeful about the company's future. Their third-quarter fiscal 2026 revenue was over ₹18,100 crore.