Department Stores company V-Mart Retail announced Q2FY25 results Revenue Rs 661 crore in Q2, up 20% YoY, compared to Rs 549 crore during Q2FY24. EBITDA increased to Rs 39 crore, change 57%, compared to Rs 0.6 crore during Q2FY24. The same store sales (SSSG) grew by 15% YoY and the inventory stood at Rs 912 crore. PAT: Rs -57 crore, compared to Rs -64 crore during Q2FY24. Result PDF
Conference Call with V-Mart Retail Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company V-Mart Retail announced Q1FY25 results: The Company reported revenues of Rs 786 crore in Q1, up 16% year-on-year (YoY) and EBITDA increased by 89% to Rs 99 crore and PAT stood at Rs 12 crore, for the quarter. The same store sales (SSSG) grew by 11% YoY for the quarter led to footfall growth. The inventory as at period end stood at Rs 671 crores, reduced by Rs 54 crore (-7.5%) YoY improving the working capital. The Company remains focused on its store expansion plan and has opened 7 new stores in Q1 FY25 and closed 3 underperforming stores, taking the total number of stores pan-India to 448 as at quarter end. Result PDF