V-Mart Q4 Business Update: Revenue Grows 17% Driven By Store Expansion

V-Mart Retail Ltd. on Tuesday reported its business update for the quarter and year-ended March 31, 2025.

Total revenue from operations grew by 17% to Rs 780 crore in the fourth quarter of the financial year 2024–25, compared to Rs 669 crore in the corresponding period of the previous fiscal.

For the entire fiscal, the company garnered a total of Rs 3,254 crore in revenue, which is a rise of 17% on an overall basis.

However, if its subsidiary LimeRoad digital marketplace is excluded, the company delivered an 18% year-on-year growth in total revenue to Rs 3,213 crore.

Meanwhile, the retailer’s growth via same store sales stood at 8% for the quarter.

Even as the company opened 13 new stores, it also closed four stores in the quarter under review.

The fashion and lifestyle retailer's new store launches include four in Uttar Pradesh, two each in Bihar and Jharkhand. It also inaugurated one store each in West Bengal, Jammu and Kashmir, Assam, Arunachal Pradesh and Tamil Nadu, the disclosure added.

Year to date, the company has opened 62 stores and closed nine stores, bringing the total number of stores to 497 as of March 31, 2025.

The company’s filing clarified that the revenue numbers are provisional and subject to audit.

Shares of V-Mart Retail Ltd. closed 1.29% higher at Rs 2,950.8 apiece on the BSE, compared to a 1.8% decline in the benchmark Sensex.