Agency News
'Why buy a network that even Dentsu couldn’t fix?': Inside the gamble of Dentsu's international arm sale
V-Mart Retail's profit jumps by 177% to Rs 34 crore in Q1 FY26
V-Mart's revenue from operations surged from Rs 786 crore in Q1 FY25 to Rs 885 crore in Q1 FY26
V-Mart has 510 stores pan-India as of June 30, 2025.
V-Mart Retail's posted a 177% rise in profit in 1 Quarter for the fiscal year 2026 while the revenue from operation surged by 13% in the same period.
According to the stock exchange filing, the retailer's Q1 FY26 profit stood at Rs 33.6 crore. In the previous fiscal, the company had clocked a profit of Rs 12.14 crore in first quarter.
V-Mart's revenue from operations surged from Rs 786 crore in Q1 FY25 to Rs 885 crore in Q1 FY26. The value fashion retailer's EBITDA for the quarter rose by 27% YoY to Rs 126 crore, , with days of inventory improving by 5% YoY to 93 days.
Same-store sales growth (SSSG) for the quarter stood at 1% year-on-year. However, it said that after adjusting for the preponement of Eid to the previous quarter this year, "normalised SSSG stood at 5% YoY, driven equally by V-Mart and Unlimited, both delivering 5% growth".
V-Mart continued its store expansion plan with the opening of 15 new stores. However, it shut two underperforming stores during the quarter. Currently, the retailer has 510 stores pan-India as of June 30, 2025.
SPOTLIGHT
According to LinkedIn’s research with over 1,700 B2B tech buyers, video storytelling has emerged as the most trusted, engaging, and effective format for B2B marketers. But what’s driving this shift towards video in B2B? (Image Source: Unsplash)
Read MoreExplained: Standing Committee’s draft report on India’s fight against Fake News
India’s parliamentary panel warns fake news threatens democracy, markets and media credibility, urging stronger regulation, fact-checking, AI oversight and global cooperation.