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
Conference Call with V-Mart Retail Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Department Stores company V-Mart Retail announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenues: Rs 669 crore, up 13% YoY EBITDA: Rs 40 crore, increased by 76% YoY PAT: Rs (-39) crore Same Store Sales Growth (SSSG): 6% YoY Total number of stores: 444 FY24 Financial Highlights: Revenues: Rs 2,786 crore, growing by 13% YoY EBITDA: Rs 213 crore PAT: Rs (-97) crore New stores opened: 46 Underperforming stores closed: 25 Additionally, the appointments of Mr. Raghuvesh Sarup and Ms. Shweta Kumar as Additional Directors. Result PDF