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V-Mart exits FY25 in style, but competition threat lingers

Mint Hyderabad

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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.

- Pallavi Pengonda

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.

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NCLT okays Maruti merger with Guj unit

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Plunge in Asia’s AI shares sows doubts over rally

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Smart-beta funds aim for smarter returns, but do they really deliver?

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Advent to scale up luxury hotel growth

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Hyundai India eyes homegrown play as rivals turn up heat

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Manipal eyes Dec IPO filing, ₹1 tn valuation

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Govt okays 1.5mt sugar exports for season

The export allocation is lower than the 2 mt demanded by industry.

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Bond yields are flashing amber about the future

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