V-Mart Q1 revenue grows 12.6% YoY, opens 15 new stores
Published on 01/07/2025 11:20 PM
V-Mart Q1 revenue grows 12.6% YoY, opens 15 new storesV-Mart Retail posted a 12.6% YoY revenue rise in Q1 FY25, reaching ₹885 Cr, supported by steady Same Store Sales Growth (SSSG) and 15 new store launches. The total store count now stands at 510 across India.By Megha Rani July 1, 2025, 11:20:15 PM IST (Published)2 Min ReadV-Mart Retail has posted a strong performance in the first quarter of FY2025. The company reported a 12.6% year-on-year increase in total revenue from operations, reaching ₹885 crore for the quarter ended June 30, 2025, up from ₹786 crore in the same period last year.
This growth was supported by a modest Same Store Sales Growth (SSSG) of 1%, signaling stable demand in existing locations while newer stores begin to scale.
In a strategic push to expand its footprint, V-Mart launched 15 new stores during the quarter, while rationalising its network by closing two underperforming locations. The new store additions were geographically diverse, including:
3 stores each in Tamil Nadu and Uttar Pradesh
2 stores each in Bihar and Uttarakhand
1 store each in Jharkhand, Gujarat, Telangana, Maharashtra, and Odisha
With these additions, V-Mart's total store count has risen to 510 outlets across India as of June 30, 2025.
The company’s continued investment in expansion highlights its confidence in India’s value fashion and retail sector, particularly in Tier II and Tier III cities where V-Mart has traditionally maintained a strong presence.
As consumer sentiment stabilises post-pandemic and disposable incomes gradually rise, V-Mart's focus on affordable fashion and broader market access is expected to support its growth trajectory in the coming quarters.
Shares of V-Mart Retail Ltd ended 0.69% down at ₹852.10 on the BSE.
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