Announced Wed, 1 Jul · 12:31 IST
Davaindia store network expands to 2,825 stores in Q1FY27
Business Updates View source PDF
ZOTA · price
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Price reaction · full curve 14 horizons · vs prior close
+1.4%1-day move
₹1415.00
prior close
₹1433.50
base price
In-mkt
timing
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AI summary
Zota Health Care's Davaindia store network grew from 2,579 to 2,825 stores in Q1FY27, adding 246 stores net. COCO stores rose to 1,855 from 1,656, with 201 new openings and only 2 closures. FOFO stores reached 970 from 923, with 63 new openings and 16 closures. COCO stores are managed by wholly owned subsidiary Davaindia Health Mart Limited. The company described the expansion during the quarter as robust.
Likely market impact
Shows continued retail expansion with strong store opening momentum; closures remain minimal, supporting the growth story for the franchise business.