Categories Earnings, Retail

V-Mart Retail Ltd Q4FY23 results out, revenue grows by 29%

V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India. VMRL is mainly involved in value retailing of apparel with a minor presence in non-apparels (footwear, accessories, toys/ games, home textile, furnishing, décor, and appliances, etc.) and Kirana bazaar. It is one of the largest value retail chains in India in terms of store count and retail area, operating 400+ stores with total retail area of ~33 lakh sq. ft. as of September 2022. Most of VMRL stores are located in tier-II, III, and IV cities of India.

  • V-Mart Retail Ltd reported Total revenue for Q4 FY23 of ₹593 Crore, up from ₹459 Crore year on year depicting a growth of 29%.
  • Total Expenses for Q4 FY23 of ₹653 Crore up, from ₹470 Crore year on year, a growth of 39%. 
  • Consolidated Net Profit of -(₹37) Crore, down 1,133% from -(₹3) Crore in the same quarter of the previous year. 
  • The Earnings per Share is -(₹18.70), down 1,506% from -(₹1.33) in the same quarter of the previous year.

Most Popular

Cochin Shipyard Ltd (COCHINSHIP) Q4 FY22 Earnings Concall Transcript

Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah

All you need to know about Antony Waste Handling Cell in one article

Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?

Demystifying the Leading Non-Ferrous Recycling Company of India

“Hey, how is the market doing today?” “Oh!, its falling tremendously since morning” I am sure news like these might be a common topic of discussion for you nowadays. Interestingly,

Top