The retail sector is buzzing with activity as leading players—V2 Retail, Baazar Style, and V-Mart Retail—announce impressive Q4FY25 business updates that underline significant growth in revenues, store expansion, and operational efficiency.
V2 Retail
V2 Retail has recorded a 69% standalone revenue growth in Q4 at Rs 499 crore, driven by same-store sales growth of 24% year-on-year and a substantial increase in sales per square foot to Rs 896 compared to Rs 830 last year. Expanding their footprint, the retailer added 29 new stores during the quarter. For the full year, the brand achieved revenue growth of 62%, along with an impressive 29% same-store sales growth, while opening 74 new stores and shutting down only 2 underperformers.
Baazar Style
Baazar Style has also showcased an impressive performance in Q4FY25, with revenue soaring by 55% to Rs 346 crore. Same-store sales growth reached 20%, and sales per square foot climbed to Rs 679/month. The retailer added 15 new stores during the quarter. For FY25, Baazar Style experienced revenue growth of 38%, with a 12% boost in sales per square foot and a significant 31% increase in total rental area.
V-Mart Retail
V-Mart Retail reported a 17% year-on-year increase in total Q4 sales at Rs 780 crore. Same-store sales grew by 8%, reflecting consistent customer demand. While 13 new stores were added during the quarter, the retailer closed 4 stores to optimise operations.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
