V-Mart Retail Q4FY26: Revenue Jumps 24%, Net Profit Falls 39%, Shares Rise

V-Mart Retail reported a mixed set of numbers for the March quarter on Thursday, with revenue and operating metrics moving higher but reported net profit declining year-on-year due to exceptional items.

Consolidated net profit for Q4FY26 came in at ₹11.3 crore, down 39.1% from ₹19 crore in the same quarter last year. However, adjusted profit after tax, which strips out exceptional items, stood at ₹10 crore against a loss of ₹1 crore in Q4FY25, a swing of 1,101%.

Revenue for the quarter rose 24% year-on-year to ₹971 crore from ₹780 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 56% to ₹106.3 crore from ₹68.1 crore.

On 8 May at 11:33 am IST, V-Mart shares were trading at ₹672.60, up by over 1%.

Key Q4 Numbers At A Glance

• Net profit: ₹11.3 crore, down 39.1% year-on-year (YoY).

• Adjusted profit after tax: ₹10 crore vs loss of ₹1 crore in Q4FY25.

• Revenue: ₹971 crore, up 24% YoY.

• EBITDA: ₹106.3 crore, up 56% YoY.

• EBITDA margin: 10.9% vs 8.7% in Q4FY25.

• Same store sales growth: 12% for the quarter.

• New stores added: 29.

• Stores closed: 6.

FY26 Full Year Performance

• Revenue: ₹3,789 crore, up 16% YoY from ₹3,254 crore

• EBITDA: ₹513 crore, up 36% YoY from ₹377 crore

• EBITDA margin: 13.6% vs 11.6% in FY25

• Adjusted profit after tax: ₹125 crore, up 507% YoY from ₹21 crore

• Same store sales growth: 5% for the full year

• Store additions: 92, highest ever in a single year

• Total store count: 577.

Store Expansion And Inventory

V-Mart added 92 stores during FY26, the highest annual addition in its history, taking the total count to 577 stores. The company added 29 stores and closed 6 in Q4 alone. The focus on inventory management is showing results. Days of inventory improved by three days year-on-year and per store inventory fell 13%.

Also Read - Dabur Q4 FY26 Results: Profit Jumps 16% To ₹362 Cr; Shares End 0.16% Higher Ahead Of Results

Dividend

The board recommended a dividend of 10% for FY26, amounting to ₹1 per equity share of face value ₹10, subject to shareholder approval.

Founded in 2002, V-Mart is a value fashion retailer focused on Tier II and Tier III cities, with an average store size of 8,000 square feet.

Sources:

CNBC

BSE