V-Mart Retail has reported its Q3 financial results, showcasing steady growth in its core business operations. The retail chain announced total revenue from operations of ₹1,126 crores for the quarter, marking a notable improvement over the previous year's performance.

Financial Performance Overview

The company's Q3 results demonstrate consistent business expansion with revenue growth reaching double digits. The following table summarizes the key financial metrics:

Revenue Growth Analysis

The 10% year-on-year increase in total revenue from operations reflects V-Mart Retail's ability to maintain growth momentum in the competitive retail landscape. This performance indicates the company's continued focus on expanding its market presence and operational efficiency.

The revenue figure of ₹1,126 crores represents the company's total income generated from its primary business activities during the third quarter. This growth trajectory suggests that the retail chain has been successful in driving sales across its store network.

Business Performance Indicators

The positive revenue growth demonstrates several key aspects of V-Mart Retail's business performance:

• Sustained customer demand across retail locations
• Effective operational management and execution
• Market expansion and penetration strategies
• Consistent business model performance

The company's ability to achieve double-digit revenue growth reflects its position in the retail sector and its capacity to adapt to market conditions while maintaining operational effectiveness.

V Mart Retail Limited reported a 10% year-on-year rise in revenue for Q3FY26, even as same-store sales remained flat due to shifts in festive timing. The value fashion retailer announced total revenue from operations of ₹1,126.00 crores compared to ₹1,027.00 crores in the corresponding quarter of the previous year.

Financial Performance Overview

The company's Q3FY26 results show steady operational progress despite seasonal variations. Same store sales growth (SSSG) stood at 0% for the V-Mart format during the quarter, while the Unlimited format recorded SSSG of 2%. The performance was affected by a shift in sales due to a larger share of Durga Puja moving to Q2 in the current year versus the previous year.

Combined Quarter Performance

Adjusting for festive timing impact, the company's combined performance across Q2 and Q3 showed SSSG of 5% and total revenue growth of 15%, pointing to underlying demand traction. This normalized view removes the distortion from festive timing variations and indicates stronger business momentum.

Store Expansion Strategy

During Q3FY26, V-Mart Retail opened 23 new stores while closing 2 stores. Year-to-date, the retailer has added 63 stores and closed 6, taking its total store count to 554 as of the end of December.

Geographic Distribution of New Stores

The 23 new stores opened during the quarter were strategically distributed across multiple states. Uttar Pradesh led with 5 new stores, followed by Gujarat with 4 stores, and Bihar with 3 stores. Haryana, Madhya Pradesh, and Tamil Nadu each received 2 new stores, while Delhi, Chhattisgarh, Uttarakhand, Jharkhand, and Punjab each got 1 new store.

Stock Performance

Shares of V-Mart Retail Limited ended 1.17% higher at ₹706.00 ahead of the business update announcement. However, the stock has declined 10.10% over the past month. The revenue figures are provisional and subject to review by the company's statutory auditors, as disclosed under SEBI Listing Obligation and Disclosure Requirements, Regulations, 2015.