Mumbai-based DMart reports a consolidated net profit of Rs 724 crore for the October-December period, with a 4.8% increase over the same period last year. While the revenue growth of 17.7% meets market expectations, the net profit falls short of analysts' estimates. The company's quarterly earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at Rs 1,218 crore, representing an 8.8% year-on-year increase, but with a margin decrease of 60 basis points. DMart CEO Neville Noronha cites increased competition and discounting in the FMCG category as the reason for the margin decline and remains committed to providing value to customers through their retail and fulfillment centers. The market's reaction to the quarterly numbers will be closely watched on Monday.