V-Mart Swings to Profit in Q4 with Strong Revenue Growth and Store Expansion

Value fashion retailer V-Mart Retail Ltd reported a strong turnaround in its fourth-quarter results, posting a net profit of ₹19 crore for the quarter ended March 31, 2025, compared to a net loss of ₹39 crore in the same period last year. The company’s revenue rose 17% year-on-year to ₹780 crore, up from ₹669 crore in Q4 of the previous fiscal, driven by improved consumer demand and an increase in store count.

For the full financial year FY25, V-Mart reported total revenue of ₹3,254 crore and a net profit of ₹46 crore, marking a significant recovery for the retailer. Same-store sales grew by 8% during the quarter and 11% for the year, reflecting healthy customer footfall and spending patterns.

As part of its expansion strategy, the company opened 13 new stores and closed 4 during the March quarter. Over the full year, it added 62 new outlets while shutting down 9, ending FY25 with a total of 497 stores across India.

The company’s performance signals a positive momentum in the value retail segment amid changing market dynamics and consumer preferences.