V-Mart Retail Q1FY27 Revenue Rises 23% YoY to Rs 1,089 Cr; SSSG at 9%
V-Mart Retail reported provisional Q1FY27 revenue from operations of Rs 1,089 Cr, a 23% year-on-year rise from Rs 885 Cr. Same store sales growth stood at 9%, driven by 8% growth in the V-Mart brand and 13% in the Unlimited brand. The company added a net 14 stores during the quarter, taking its total store count to 591 as of June 30, 2026.

*this image is generated using AI for illustrative purposes only.
V-Mart Retail reported provisional revenue from operations of Rs 1,089 Cr for Q1FY27, marking a 23% year-on-year increase from Rs 885 Cr in the corresponding quarter of the previous year. The retailer achieved a same store sales growth (SSSG) of 9% for the quarter, with the V-Mart brand contributing 8% and the Unlimited brand recording 13% growth. These revenue figures are provisional and subject to review by the Statutory Auditors of the Company.
Store Expansion
During the quarter, the company expanded its retail footprint by opening 15 new stores and closing one, resulting in a net addition of 14 stores. The total operating portfolio stood at 591 stores as of June 30, 2026. The new store openings were distributed across several states, with a significant focus on Uttar Pradesh.
Store Distribution
The following table details the distribution of the 15 new stores opened during the quarter:
| State: | Number of Stores: |
|---|---|
| Uttar Pradesh | 7 |
| Uttarakhand | 2 |
| Gujarat | 1 |
| Jharkhand | 1 |
| Karnataka | 1 |
| New Delhi | 1 |
| Tamil Nadu | 1 |
| West Bengal | 1 |
Key Performance Highlights
The table below summarises the key metrics for Q1FY27:
| Metric: | Q1FY27 | Q1FY26 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 1,089 Cr | Rs 885 Cr | +23% YoY |
| SSSG (Overall) | 9% | — | — |
| SSSG – V-Mart | 8% | — | — |
| SSSG – Unlimited | 13% | — | — |
| New Stores Opened | 15 | — | — |
| Stores Closed | 1 | — | — |
| Net Store Additions | 14 | — | — |
| Total Store Count | 591 | — | — |
Historical Stock Returns for V Mart Retail
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.61% | -3.12% | -5.42% | +26.29% | -5.12% | -13.61% |
How will the heavy concentration of new store openings in Uttar Pradesh impact the company's geographical risk profile?
Can the 13% SSSG of the Unlimited brand be sustained as its store footprint matures?
What is the projected capital expenditure for the remainder of FY27 to maintain this pace of net store additions?


































