V-Mart Retail Ltd Sees Profit Surge in Q3 FY'26

V-Mart Retail Ltd reported a 22.8% increase in net profit for the December quarter of FY'26, reaching Rs 87.99 crore. Revenue rose by 9.7% to Rs 1,126.38 crore, while expenses increased by 5.7% to Rs 1,015.32 crore. V-Mart's shares closed 3.21% higher at Rs 590.55.

V-Mart Retail Ltd, a prominent value retailer, announced a significant 22.8% surge in net profit for the December quarter of FY'26, amounting to Rs 87.99 crore. This marks a significant improvement from the Rs 71.63 crore reported during the same period last fiscal year.

The retailer saw a robust rise in revenue by 9.7%, achieving Rs 1,126.38 crore compared to Rs 1,026.73 crore in the previous year. Meanwhile, the company's total expenses increased by 5.7% to Rs 1,015.32 crore, reflecting its continued expansion and operational investments.

Among its income sources, V-Mart generated Rs 1,120.23 crore from 'Retail Trade' and Rs 10.67 crore from its 'Digital Marketplace'. Following the quarterly report, V-Mart's shares experienced a 3.21% uptick, closing at Rs 590.55.

(With inputs from agencies.)