#Dmart has maintained material costs at an impressive 85.3% of total income in Q3 FY2025, reflecting strong cost control and procurement efficiency.   

However, the increase in administrative and operational expenses has offset this achievement, impacting overall margins. 

Other expenses rose to 5.2% from 4.9% YoY, while employee costs increased to 1.9% compared to 1.7% last year.   

These rising expenses have diluted the margin gains achieved through efficient material cost management.