V-Mart Retail's Q1 FY26: Double-Digit Revenue Growth, Store Expansion
Hey there, finance enthusiasts! Let’s dive into the latest buzz from the retail sector. V-Mart Retail Limited (VMART) has just dropped its business update for the first quarter of the financial year 2025-26 (Q1 FY26), and it’s looking like a period of solid growth and expansion.
Strong Revenue Performance
First up, the top line! V-Mart reported a total revenue from operations of Rs. 885 Crores for the quarter ended June 30, 2025. This is a significant jump, reflecting a 13% year-on-year growth compared to Rs. 786 Crores in the same quarter last year. It’s worth noting that these revenue figures are provisional and will be subject to review by the company’s statutory auditors.
When we look at Same Store Sales Growth (SSSG), which is a key metric for retailers, V-Mart saw a +1% growth for the quarter across both its V-Mart and Unlimited formats. Interestingly, the company highlighted that when normalized for the preponement of Eid to the previous quarter this year, the same-store sales grew by a more robust 5% year-on-year. This adjustment gives a clearer picture of underlying sales momentum.
Expanding Footprint Across India
Beyond sales, V-Mart has been busy expanding its physical presence. During Q1 FY26, the company opened 15 new stores while closing 2, resulting in a net addition of 13 stores. This strategic expansion brings V-Mart’s total store count to an impressive 510 as of June 30, 2025.
The new stores are strategically spread across various states, reinforcing V-Mart’s reach in key markets. Three new stores each were opened in Tamil Nadu and Uttar Pradesh. Bihar and Uttarakhand each saw two new additions, while Jharkhand, Gujarat, Telangana, Maharashtra, and Odisha each welcomed one new V-Mart outlet.
This update paints a picture of a retail chain that’s not only growing its revenue but also actively expanding its physical footprint, signaling continued confidence in its market strategy.
source: Corporate Announcement
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