Avenue Supermarts share price slips over 4% after Q1 results. Should you buy, sell or hold DMart shares?

Avenue Supermarts (DMart) shares fell over 4 percent in early trade after the company posted its Q1 FY27 results. Consolidated net profit rose 11.3 percent year-on-year to about Rs 860.6 crore, while revenue grew 14.9 percent YoY to Rs 18,794 crore. However, like-for-like growth decelerated sharply to 5.5 percent from 10.8 percent in the March quarter, revenue per square foot declined 2.37 percent YoY, and management noted flat revenue growth in older large-metro stores, dampening investor sentiment.