V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India.
Q3 FY26 Earnings Results
V-Mart Retail posted a strong turnaround in Q3 FY26 with net profit surging 1,091% YoY from loss to profit, driven by festive demand and operational leverage.
- Revenue from Operations: ₹1,126.38 crore, up 9.71% YoY from ₹1,026.73 crore; up 39.6% QoQ from ₹806.87 crore.
- Total Income: ₹1,130.34 crore, up 10.0% YoY from ₹1,030.11 crore; up 39.6% QoQ from ₹810.30 crore.
- EBITDA: ₹209.50 crore, up 22.3% YoY from ₹171.37 crore; up 192.8% QoQ from ₹71.51 crore; EBITDA margin 18.60% (up 191 bps YoY).
- Profit Before Tax (PBT): ₹115.02 crore, up 64.9% YoY from ₹69.74 crore.
- Profit After Tax (PAT): ₹87.99 crore, up 1,091% YoY from ₹7.16 crore loss; up 1,091% QoQ from ₹8.87 crore loss; PAT margin 7.81%.
- Retail Segment Revenue: ₹1,120.23 crore, up 10.23% YoY.
- 9M FY26: Profit ₹87.99 crore vs loss ₹11.20 crore YoY.
Management Commentary & Strategic Decisions – Q3 FY26
Festive season delivered record quarter with sharp profitability turnaround through operational leverage and efficiency gains.
- Store Expansion: Added 23 stores; total 554 stores.
- ROE/ROCE: ROE 11.27%, ROCE 11.20% (improved YoY).
- Strategic Focus: Continued value retailing expansion amid improving demand; monitoring digital marketplace challenges.
Q2 FY26 Earnings Results
- Revenue from Operations: ₹806.87 crore, up 22.1% YoY from ₹660.90 crore; down 8.8% QoQ from ₹885.20 crore.
- Total Income: ₹810.30 crore, up 22.2% YoY from ₹662.70 crore.
- EBITDA: ₹71.51 crore, up from prior periods; margin improved.
- Profit After Tax (PAT): ₹8.87 crore loss (narrowed 84.3% YoY from ₹56.51 crore loss).
- H1 FY26: Profit ₹24.70 crore vs loss ₹44.40 crore YoY; revenue ₹1,692 crore (up 17% YoY).
Management Commentary & Strategic Directions – Q2 FY26
Revenue growth of 22% YoY driven by retail trade (+23%); loss narrowed sharply through cost control despite festive challenges.
To view the company’s previous earnings and latest concall transcripts, click here to visit the Alphastreet India news channel.