The shares of the Indian retail company gained up to 5.3 percent in today’s trading session after the board scheduled a meeting to consider and approve a bonus issue.
Price Movement
With a market capitalization of Rs 6,478.41 crore, the shares of V-Mart Retail Ltd were trading at Rs 3,272.00 per share, increasing around 0.35 percent as compared to the previous closing price of Rs 3,264.65 per share.
Reason for Rise
The shares of V-Mart Retail Ltd witnessed bullish momentum after the company’s board announced a meeting scheduled for May 2, 2025, to consider and approve a potential bonus issue, signaling positive sentiment and increasing investor interest ahead of the expected corporate action.
Financial Growth
Looking forward to the company’s financial performance, revenue magnified by 16 percent from Rs 889 crore in Q3FY24 to Rs 1,027 crore in Q3FY25, Further, during the same time frame, net profit zoomed by 157 percent from Rs 28 crore to Rs 72 crore.
Also read: Market leader stock jumps 4% after reporting 81% YoY net profit growth in Q4
Expansion
V-Mart added 21 new stores in Q3 FY25, with major expansions in Uttar Pradesh (8) and Bihar (6). No stores were closed. Most additions were in Tier 3 cities (15), followed by Tier 1 and Tier 4 cities (3 each). The focus remained on cluster-based expansion in emerging markets.
Store Count
As of December 31, 2024, V-Mart operated 488 stores across India, up from 454 in FY24. Major expansions were seen in Uttar Pradesh (151), Bihar (68), and Tamil Nadu (30). Growth reflects a strong presence in northern and southern India with a focus on high-density and high-demand regions.
Company profile
V-Mart Retail Limited is an India-based retail shop network that sells ready-made clothing and accessories. The company works in two segments: retail trade and digital marketplace. The Retail Trade section focuses on in-store sales to domestic clients.
Written by Abhishek Singh
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