V-Mart Rallies 13% as Q4 Revenue Jumps 24%, Same-Store Sales Hold Firm

By Kotak News Desk
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02 Apr 2026 at 11:26 AM IST
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Market News
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Summary

A 24% rise pushed V-Mart’s Q4 revenue to ₹971 crore; the ripple effect hit the market almost instantly, lifting its stock by 13%. This growth was fuelled by consistent same-store sales and the opening of new locations.

V-Mart Retail Ltd's fourth quarter was marked by a solid operational performance, with revenue jumping 24% compared to the previous year. The March quarter's revenue hit ₹971 crore, up from ₹780 crore in the corresponding period the previous year.

The steady demand in the major markets and the further expansion of its store network helped the growth.

Same-store sales growth (SSSG) was 12%, showing the consistent performance at the current outlets. The Unlimited format reported 9% growth, while the V-Mart core segment also grew during the period.

Following the earnings announcement, the company’s shares jumped around 13% to hit an intraday high on 2 April 2026, reflecting strong investor interest despite the stock being down nearly 28% over the past six months.

How Is Store Expansion Supporting Growth?

The business has been further developing its retail presence within the quarter. It opened 29 stores and closed 6, bringing its total number of stores to 577 by 31 March 2026.

The expansion was spread across states including Uttar Pradesh, Tamil Nadu, Bihar, and West Bengal.

During the entire FY26, V-Mart has opened 92 new stores, the most ever in a single year, and it has closed 12 stores.

This expansion strategy has played a key role in driving revenue growth and increasing market reach.

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What Do Recent Performance Trends Indicate?

The fourth quarter's performance continued the positive trend established earlier. During the third quarter of FY26, the company saw a resurgence, reporting a net profit of ₹87.99 crore. This was a turnaround from the loss experienced in the previous quarter.

Better demand and lower costs have favoured the growth in revenues and earnings, with earnings before interest, taxes, depreciation, and amortisation (EBITDA) also increasing significantly. The company indicated that the figures in Q4 are tentative and may be audited.

Sources:

CNBC TV18

NDTV Profit

Livemint

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