The retailing company opened 25 new stores and closed two during the quarter, bringing the total store count to 533 as of September 30, 2025.
The retailer plans to increase its inventory priced below Rs 1,000, from the current 15 percent to 20 percent and experiment with more variety, CFO Anand Agarwal tells Moneycontrol
According to brokerages, V-Mart Retail is a beneficiary of the unorganized-to-organized retail shift along with the massive opportunity seen in value fashion.
Baazar Style, V-Mart and V2 Retail shared strong business updates, sending shares higher, with the positive sentiment rubbing off on other peers like Vishal Mega Mart and DMart as well.
Since its inception in FY2014, BSRL has scaled up operations to reach a revenue size of close to Rs 1,000 crore in FY2024 and is amongst the fastest growing retail companies.
Southern India seems a bit muted right now but low ASP products are doing better, Agarwal added.
The proposed move will create two separately listed companies with identical shareholding
Motilal Oswal recommended Neutral rating on V-MART with a target price of Rs 1800 in its research report dated December 13, 2023.
Amit Agarwal the group CFO at Raymond spoke to CNBC TV18 and said that the feedback from the stores is positive ahead of the wedding season in India and footfalls have increased 'dramatically'
With a strong parentage of the Tata Group, growing customer base, and huge potential to tap new customers via the digital route, Trent is well-positioned to strengthen its presence in the fashion space
New businesses would continue to drag profitability and margin pressures witnessed last fiscal are likely to sustain in FY24 also.
"There was no loss or injury to human life," the company clarified. In terms of the damage caused to the inventory, fixed assets and cash, V-Mart said it is in the process of ascertaining the actual amount of losses incurred.
Trent’s aggressive store expansion plans are on track and we expect the company to deliver industry-leading growth over the medium to long term.
ICICI Direct is bullish on V-Mart recommended buy rating on the stock with a target price of Rs 3310 in its research report dated November 15, 2022.
ABFRL is a comprehensive apparel player, and it is likely to further strengthen its presence in the industry.
LimeRoad clocked a net revenue of Rs 179.95 crore in 2019-2020, which dropped to Rs 69 crore in 2021-2022
Varied product offerings, rapid store expansion, and a strong brand pull will help the company expand customer base
ICICI Direct is bullish on V-Mart has recommended buy rating on the stock with a target price of Rs 3465 in its research report dated August 09, 2022.
ICICI Direct is bullish on V-Mart has recommended buy rating on the stock with a target price of Rs 4100 in its research report dated May 26, 2022.
The company would not only scale up its core brands, Lifestyle and Pantaloons, but would also rapidly strengthen new businesses in the ethnic and innerwear space.
Trent, with an overall store count of 435, has a huge potential for growth in the Indian apparel market. The company is fast scaling up its network, with Zudio, the value-fashion segment, leading the expansion
Motilal Oswal is bullish on V-MART recommended buy rating on the stock with a target price of Rs 4450 in its research report date February 24, 2022.
Rapid store expansion, particularly the value format of Zudio, will drive the growth momentum for Trent in the next fiscal
ABFRL will scale up new businesses, such as innerwear, ethnic and sportwear. This would be the key growth contributors and would form a significant chunk of business over the next 4-5 years