V-Mart Retail Limited — Investor Meet, 29-07-2025: Analysts/Institutional Investor Meet/Con. Call Updates

V-Mart Retail's Q1 FY'26 earnings call highlighted strong revenue growth (13% YoY), driven by increased footfalls. Gross margins improved to 35.3% as inventory health got better. Operating expenses were well-controlled. The company added 15 stores, with plans for ~65 net new stores this year, expanding total area by 12-15%. Management is positive on rural consumption, noting festival demand and strategic focus on rupee margins over percentage margins. They are optimizing online business for profitability and confident in future growth despite competition.