V-Mart Retail Q2 Results: Net loss widens to ₹16 crore despite 18% revenue growth

Value fashion and lifestyle products retailer V-Mart Retail Ltd on Tuesday (November 3) reported a widening of its consolidated net loss to ₹16 crore for the second quarter on Tuesday (November 3), compared with a net loss of ₹8.87 crore in the corresponding quarter last year.

Revenue increased 18.1% year-on-year (YoY) to ₹953 crore from ₹807 crore in the year-ago period.



Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 20.3% YoY to ₹86.1 crore from ₹71.6 crore. EBITDA margin improved marginally to 9% from 8.9% in the corresponding quarter last year.

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Separately, the company's board of directors approved the appointment of Varin Agarwal as Head of the Merchandising function with effect from November 3, 2026.

Following the appointment, Agarwal will be designated as Senior Management Personnel of the company. The appointment was approved based on the recommendation of the Nomination and Remuneration Committee.

Shares of V-Mart Retail Ltd ended at ₹737.40, up by ₹0.40, or 0.054%, on the BSE.

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