A leading retail chain known for its value-focused fashion and lifestyle products has posted remarkable financial results for the third quarter. The company’s stellar performance includes substantial revenue growth and a dramatic profit surge, marking a significant turnaround from previous quarters while demonstrating strong market resilience and effective business strategies.
Share Price Movement
The share price of V-Mart Retail Limited went up 12.65 percent to Rs. 3,775 per share on Tuesday, an increase from its previous close of Rs. 3,351.10 per share. The market capitalisation now stands at approximately Rs. 6,929 crore as of February 04, 2025.
Q3 Financial Highlights
V2 Retail’s revenue for Q3FY25 reached Rs. 1,026.73 crore, showing a 15.5% YoY growth from Rs. 889.05 crore in Q3FY24 and a 55.3% QoQ increase from Rs. 660.97 crore in Q2FY25. Profit for Q3FY25 was Rs. 71.63 crore, a significant rise of 153.2% YoY from Rs. 28.23 crore in Q3FY24, and a turnaround from the Rs. 56.51 crore loss reported in Q2FY25.
Competitors
V2 Retail competes with several key players in the Indian retail market, including Flipkart, Reliance Retail, DMart, V-Mart Retail, Shoppers Stop, Aditya Birla Fashion and Retail, and Jabong. These companies offer a range of products in clothing, both online and offline.
Market Outlook
The Indian textile industry is on track for rapid growth, with its market value expected to hit $350 billion by 2030, contributing 5% to India’s GDP. This expansion is fuelled by several factors, including increasing consumer demand for sustainable and comfortable clothing, advancements in technology, strong government support, and rising global demand.
Additionally, India is capitalising on China’s shrinking market share, as international buyers look for alternative sourcing destinations.
Written By Fazal Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
