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Profit before tax was at Rs 115.02 crore in Q3 FY26, marking a growth of 64.92% as against Rs 69.74 crore posted in Q3 FY25.
On the segmental front, revenue from the Retail segment was Rs 1,120.23 crore (up 10.23% YoY) and revenue from the Digital Marketplace was Rs 10.67 crore (down 21.71% YoY) in the Dec’26 quarter.
On a nine-month basis, the company’s consolidated net profit soared 313.49% YoY to Rs 112.72 crore, while revenue increased 13.93% YoY to Rs 2,818.47 crore in 9M FY26 compared with 9M FY25.
V-Mart is engaged in the business of value retailing through the chain of stores situated in various cities in India.
Same-store sales growth (SSSG) remained flat during the quarter, with V-Mart reporting nil growth, while Unlimited, the fashion retail chain acquired from Arvind Fashions in 2021, recorded a 2% increase.
During the quarter, the company opened 23 and closed 2 stores. This brings year-to-date (YTD) additions to 63 and closures to 6, resulting in a total operating portfolio of 554 stores as at Q3 end.
The 23 new stores include 5 stores in Uttar Pradesh, 4 stores in Gujarat, 3 stores Bihar, 2 stores each in Haryana, Madhya Pradesh & Tamil Nadu, and 1 store each in Delhi, Chhattisgarh, Uttarakhand, Jharkhand and Punjab.
V-Mart operates a chain of value retail stores across multiple Indian cities. The company reported standalone net loss of Rs 8.87 crore in Q2 FY26 compared with net loss of Rs 56.51 crore in Q2 FY25. Net sales surged 22.1% YoY to Rs 806.87 crore in Q2 FY26.
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V-Mart Retail’s total revenue from operations jumped 22% to Rs 807 crore in Q2 FY26 compared with Rs 661 core in Q2 FY25. Same store sales growth (SSSG) stood at 11% in Q2 FY26.
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Store expansion remained aggressive, with 25 new outlets added and 2 closed, taking the total store count to 533 as of 30 September 2025. New launches were spread across multiple states, including Karnataka, Uttar Pradesh, Bihar, West Bengal, Jharkhand, and others, underlining the retailer’s focus on tier-2 and tier-3 markets.
V-Mart operates a chain of value retail stores across multiple Indian cities. On a standalone basis, its Q1 FY26 net profit jumped 177% YoY to Rs 33.6 crore, while revenue rose 13% to Rs 885.2 crore.