10 May, Mumbai 2025
Value fashion retailer V-Mart Retail reported a net profit of Rs 19 crore ($2.3 million) during Q4, FY25 ended March 31, 2025, marking a turnaround from a net loss of Rs 39 crore in the same period last year.
The company’s revenue for the quarter rose 17 per cent to Rs 780 crore, compared to Rs 669 crore in the corresponding quarter of the previous fiscal year. For the full FY25, V-Mart posted revenue of Rs 3,254 crore and a net profit of Rs 46 crore.
The company’s same-store sales grew by 8 per cent during the fourth quarter and 11 per cent for the full year.
During Q4, the company opened 13 new stores and closed 4. Over the course of FY25, V-Mart added 62 new stores and shut down 9, ending the year with a total of 497 stores.
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