V-Mart Q1 PAT surges to Rs 34 crore; revenue up 13% amid steady store growth
V-Mart Retail Ltd
has reported a sharp 177 per cent year-on-year (YoY) rise in net profit to Rs 34 crore for the quarter ended June 30, 2025 (Q1 FY26), up from Rs 12 crore in the same quarter last year. The performance was supported by improved operational efficiency, better inventory control, and stable demand.
Revenue from operations grew 13 per cent YoY to Rs 885 crore, compared to Rs 786 crore in Q1 FY25. EBITDA rose 27 per cent YoY to Rs 126 crore, with EBITDA margin improving to 14.3 per cent, up from 12.6 per cent a year ago.
The company's days of inventory improved by 5 per cent YoY to 93 days, contributing to stronger profitability.
Same-store sales growth
(SSSG) stood at 1 per cent YoY, but after adjusting for the preponement of Eid to Q4 FY25, normalised SSSG came in at 5 per cent, driven equally by the
V-Mart
and Unlimited formats.
V-Mart continued to expand its retail footprint, adding 15 new stores and closing 2 underperforming ones during the quarter, taking its total store count to 510 across 27 states and union territories.
The company said it remains focused on strengthening its omni-channel presence through its platform LimeRoad and across other leading marketplaces.
Founded in 2002, V-Mart has built its core around value fashion retailing for Tier II and III cities, offering affordable apparel and accessories through large-format stores averaging 8,000 sq. ft.
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