V-Mart Retail Ltd Share Price – NSE  / BSE

Retail, Small Cap

Net Loss of V-Mart Retail reported to Rs 56.51 crore in the quarter ended September 2024 as against net loss of Rs 64.12 crore during the previous quarter ended September 2023. Sales rose 20.30% to Rs 660.97 crore in the quarter ended September 2024 as against Rs 549.43 crore during the previous quarter ended September 2023.

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V-Mart Retail will hold a meeting of the Board of Directors of the Company on 29 October 2024.

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BASF India Ltd, Orient Cement Ltd, Blue Dart Express Ltd and Caplin Point Laboratories Ltd are among the other gainers in the BSE's 'A' group today, 01 October 2024.

V-Mart Retail Ltd soared 10.49% to Rs 4450.1 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 5951 shares were traded on the counter so far as against the average daily volumes of 1500 shares in the past one month.

BASF India Ltd spiked 7.69% to Rs 7951.9. The stock was the second biggest gainer in 'A' group. On the BSE, 4220 shares were traded on the counter so far as against the average daily volumes of 2148 shares in the past one month.

Orient Cement Ltd surged 7.18% to Rs 311.35. The stock was the third biggest gainer in 'A' group. On the BSE, 1.94 lakh shares were traded on the counter so far as against the average daily volumes of 1.05 lakh shares in the past one month.

Blue Dart Express Ltd gained 6.62% to Rs 8739.95. The stock was the fourth biggest gainer in 'A' group. On the BSE, 7249 shares were traded on the counter so far as against the average daily volumes of 2603 shares in the past one month.

Caplin Point Laboratories Ltd advanced 5.99% to Rs 2011.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 16540 shares were traded on the counter so far as against the average daily volumes of 20447 shares in the past one month.

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Revenue from operations jumped 15.85% year on year (YoY) to Rs 786.08 crore in the quarter ended 30 June 2024.

For Q1 FY25, the company’s revenue from the retail trade stood at Rs 774.50 crore (up 17.14% YoY) while revenue from digital market stood at Rs 11.58 crore (down 33.29% YoY).

The firm reported a profit before tax of Rs 9.32 crore in Q1 FY25, as compared with a pre-tax loss of Rs 28.96 crore recorded in same quarter last year.

EBITDA soared 88.93% to Rs 99 crore in Q1 FY25 as compared with Rs 52.4 crore reported in Q1 FY24. EBITDA margin improved to 12.6% in Q1 FY25 as against 7.7% recorded in the corresponding quarter previous year.

The same store sales (SSSG) grew by 11% YoY for the quarter led footfall growth. The inventory as at period end stood at Rs 671 crore, down 7.5% YoY, reduced by Rs 54 crore improving the working capital.

The company said that it 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.

V-Mart is an omni retail store chain for the complete family, offering fashion apparel, footwear, home furnishings, general merchandise and kirana.

The scrip hit an all time high of Rs 3,726.20 in intraday today.

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