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DMart, the nearly ₹2 trillion Indian retailer, may post strong earnings watch out for the progress on e-commerce
DMart, the nearly ₹2 trillion Indian retailer, may post strong earnings watch out for the progress on e-commerce
Sanchita DashJan 8, 2021, 19:44 IST
DMart
Radhakishan Damani s DMart is aware of the rising influence of e-commerce in India s grocery sector. Still, it was only in October 2020 that it finally took some serious steps to go online.
And its third-quarter earnings will reflect whether it has managed to make any inroads into the e-commerce sector.
DMart is facing increasing challenges from India s richest man Mukesh Ambani s JioMart, and the e-commerce giants Amazon, Flipkart, BigBasket, and Grofers.