V-Mart Retail shares jumped 8% after the company reported impressive financial results for the third quarter ending December 31, 2024. As of 2:05 PM, the shares were trading 3.59% higher at Rs 3,471.40.
The retailer posted a 15.6% year-on-year increase in revenue, reaching ₹1,026.73 crore, driven by higher store footfalls and strong festive season demand.
The company’s EBITDA surged 43.7% to ₹171 crore, with EBITDA margins improving to 16.69% from 13.46% in the previous year. This growth reflects enhanced operational efficiencies and cost control measures. Most notably, V-Mart achieved a significant turnaround in profitability, posting a net profit of ₹71.63 crore compared to a loss of ₹56.51 crore in the same quarter last year.
The retailer credited its strong performance to strategic expansion, improved inventory management, and effective pricing strategies. Increased consumer spending and robust same-store sales growth also played a key role in driving profitability. By focusing on operational efficiency and optimizing costs, V-Mart successfully strengthened its financial position.
V-Mart Retail shares opened at ₹3,365.00, reaching a high of ₹3,775.00 and a low of ₹3,300.00 during the trading session. The stock’s 52-week high stands at ₹4,520.00, while the 52-week low is ₹1,815.10.
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