V-Mart Retail Limited reported a 177% year-on-year increase in Profit After Tax (PAT) to ₹34 crore for the first quarter of FY26. The company's revenue from operations grew by 13% to ₹885 crore. The results were approved by the Company's Board of Directors at its meeting held on July 24, 2025.
| Metric | Q1 FY26 | Q1 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations | 885 | 786 | 13% |
| EBITDA | 126 | 99 | 27% |
| EBITDA % | 14.3% | 12.6% | - |
| PAT | 34 | 12 | 177% |
| PAT % | 3.8% | 1.5% | - |
Financial Performance
The company's revenue reached ₹885 crore, marking a 13% increase compared to the same quarter last year. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter rose by 27% YoY to ₹126 crore. Profit After Tax (PAT) saw a significant increase of 177% YoY, reaching ₹34 crore.
Operational Highlights
V-Mart reported that its days of inventory improved by 5% YoY to 93 days. Same-store sales growth (SSSG) for the quarter stood at 1% YoY. Adjusting for the preponement of Eid to the previous quarter this year, normalised SSSG was 5% YoY, driven equally by V-Mart and Unlimited, both delivering 5% growth. The company opened 15 new stores and closed 2 underperforming stores during the quarter, bringing the total store count to 510 across 27 states & UT's as of the quarter's end.
Company Overview
Founded in 2002, V-Mart Retail Ltd. is an omni retail store chain that offers fashion apparel and accessories. The company primarily focuses on Tier II and III cities, with an average store size of 8,000 sq. ft. V-Mart serves its digital-first customers through its omni-channel platform www.limeroad.com (LimeRoad) and is available on other leading marketplaces.
