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V-Mart exits FY25 in style, but competition threat lingers
Mint Bangalore
|April 03, 2025
Investors in V-Mart Retail Ltd appear thrilled with its business update for the March quarter (Q4FY25) and are likely expecting another good year.
V-Mart's shares shot up over 10% on Wednesday. This comes after the stock had fallen 35% from its 52-week high of ₹4,520 apiece seen on 31 October. So, valuations were relatively cheaper.
Year-on-year (y-o-y) growth in total revenue, including V-Mart and LimeRoad digital marketplace, was 17% in both Q4 and 9MFY25.
Store additions aided Q4 growth. Besides, same-store sales growth (SSSG) came in at 8% versus 10% and 15% in Q3 and Q2, respectively. This SSSG is for combined V-Mart and Unlimited stores. SSSG measures comparable sales over a period of time.
This story is from the April 03, 2025 edition of Mint Bangalore.
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