V-Mart Retail Limited — Important, 01-04-2025: Updates
V-Mart Retail reported a revenue from operations of Rs. 780 Crore for the quarter ending March 2025, reflecting a 17% year-on-year increase. For the full fiscal year, revenue reached Rs. 3,254 Crore, also up 17% compared to the previous year. The company achieved a same store sales growth (SSSG) of 8% for the quarter and 11% for the year, driven primarily by solid performance in its retail segments. Additionally, V-Mart's digital marketplace, LimeRoad, generated commission income of Rs. 8 Crore, although it faced a decline in revenue compared to the prior year.
In terms of expansion, V-Mart opened 13 new stores while closing 4 during the quarter, bringing the total store count to 497. The expansion included new locations in Uttar Pradesh, Bihar, Jharkhand, West Bengal, Jammu and Kashmir, Assam, Arunachal Pradesh, and Tamil Nadu. This growth strategy appears to position the company for a positive outlook, with increased operational scale and market presence. Investors may want to watch closely how the store expansions and digital marketplace performance evolve.
