V-Mart Retail Ltd. saw its shares rise 4% following a robust business update for the quarter and fiscal year ended March 31, 2025. As of 9:15 AM, the shares were trading 4.49% higher at 3078.00.
The fashion and lifestyle retailer reported a 17% year-on-year (YoY) growth in revenue, reaching ₹780 crore in Q4 FY25, compared to ₹669 crore in the same period last year. For the full fiscal year, revenue surged 17% to ₹3,254 crore. Excluding its subsidiary LimeRoad, the company’s revenue grew by 18% to ₹3,213 crore.
Same-store sales growth stood at 8% for the quarter, reflecting strong consumer demand. The company continued expanding its retail footprint, opening 13 new stores while closing four. New store additions included four in Uttar Pradesh, two each in Bihar and Jharkhand, and one each in West Bengal, Jammu & Kashmir, Assam, Arunachal Pradesh, and Tamil Nadu. In FY25, V-Mart opened 62 stores and closed nine, bringing its total store count to 497.
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