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What is the story about?
V-Mart Retail Ltd
reported a strong operational performance for the March quarter, with revenue growth supported by steady same-store sales and an aggressive store expansion strategy.
The company said total revenue from operations for Q4 stood at ₹971 crore, marking a 24% year-on-year increase from ₹780 crore in the corresponding quarter last year. Same-store sales growth (SSSG) came in at 12%, with the core V-Mart business posting similar growth, while the Unlimited format delivered 9% growth.
The retailer continued to expand its footprint during the quarter, opening 29 new stores and closing 6, taking its total store count to 577 as of March 31, 2026. The additions were spread across multiple states, including Uttar Pradesh, Tamil Nadu, Bihar and West Bengal.
The company noted that FY26 marked its highest-ever annual store additions, with 92 new stores opened during the year, alongside 12 closures.
The latest update builds on a recovery seen in the previous quarter. In Q3 FY26, V-Mart reported a turnaround to profitability, posting a net profit of ₹87.99 crore compared with a loss in the preceding quarter, driven by improved operating performance and higher revenues.
Revenue and earnings growth during the December quarter reflected better demand conditions and improved cost efficiencies, with EBITDA also seeing a sharp uptick.
The provisional Q4 numbers are subject to review by the company’s statutory auditors.
Shares of V-Mart Retail were trading at ₹489.90, up 2.66% on the NSE ahead of the announcement.
The company said total revenue from operations for Q4 stood at ₹971 crore, marking a 24% year-on-year increase from ₹780 crore in the corresponding quarter last year. Same-store sales growth (SSSG) came in at 12%, with the core V-Mart business posting similar growth, while the Unlimited format delivered 9% growth.
The retailer continued to expand its footprint during the quarter, opening 29 new stores and closing 6, taking its total store count to 577 as of March 31, 2026. The additions were spread across multiple states, including Uttar Pradesh, Tamil Nadu, Bihar and West Bengal.
The company noted that FY26 marked its highest-ever annual store additions, with 92 new stores opened during the year, alongside 12 closures.
The latest update builds on a recovery seen in the previous quarter. In Q3 FY26, V-Mart reported a turnaround to profitability, posting a net profit of ₹87.99 crore compared with a loss in the preceding quarter, driven by improved operating performance and higher revenues.
Revenue and earnings growth during the December quarter reflected better demand conditions and improved cost efficiencies, with EBITDA also seeing a sharp uptick.
The provisional Q4 numbers are subject to review by the company’s statutory auditors.
Shares of V-Mart Retail were trading at ₹489.90, up 2.66% on the NSE ahead of the announcement.
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