{"id":142596,"date":"2023-02-23T06:09:36","date_gmt":"2023-02-23T11:09:36","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142596"},"modified":"2023-02-23T06:09:38","modified_gmt":"2023-02-23T11:09:38","slug":"v-mart-q3fy23-net-profit-dropped-by-65-percent","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/v-mart-q3fy23-net-profit-dropped-by-65-percent\/","title":{"rendered":"V Mart Q3FY23 net profit dropped by 65 percent"},"content":{"rendered":"\n<p>The company\u2019s revenue for the quarter rose by 12 percent to INR 777 crore, as against INR 692 crore reported in the corresponding period of the previous fiscal year. During the quarter, total expenses jumped by 21 percent year-on-year to INR 751 crore.<\/p>\n\n\n\n<p>The company opened 15 new stores including 1 store in the South, and closed 6 stores, during the quarter, taking the total store count to 414 as on 31 December 2022.<\/p>\n\n\n\n<p>\u201cThe Unlimited stores in South, which were acquired last year, completed 1 year of continued profitable operations and is growing steadily with 7 store additions this year. The newly acquired Limeroad.com business is in a stabilization phase and both these acquisitions remain the future growth drivers for the company,\u201d V-Mart said in a statement. V-Mart is an omni retail store chain offering fashion apparel, footwear, home furnishings, general merchandise, and kirana.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company\u2019s revenue for the quarter rose by 12 percent to INR 777 crore, as against INR 692 crore reported in the corresponding period of the previous fiscal year. During the quarter, total expenses jumped by 21 percent year-on-year to INR 751 crore. The company opened 15 new stores including 1 store in the South, [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":27118,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,85],"tags":[8879,10136,11704],"class_list":["post-142596","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-retail-stocks","tag-apparel-retail","tag-home-care","tag-kirana"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":142713,"url":"https:\/\/alphastreet.com\/india\/trent-reported-a-36-percent-rise-in-its-q3fy23-net-profit\/","url_meta":{"origin":142596,"position":0},"title":"Trent reported a 36 percent rise in its Q3FY23 net profit","author":"Chirag Gupta","date":"February 24, 2023","format":false,"excerpt":"Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of INR 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of INR 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":177240,"url":"https:\/\/alphastreet.com\/india\/v-mart-retail-reports-88-crore-rupee-net-profit-in-third-quarter-as-revenue-rises\/","url_meta":{"origin":142596,"position":1},"title":"V-Mart Retail Reports 88 Crore Rupee Net Profit in Third Quarter as Revenue Rises","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"V-Mart Retail Reports 88 Crore Rupee Net Profit in Third Quarter as Revenue Rises V-Mart Retail Ltd (NSE: VMART, BSE: 534976) shares closed at 579.25 rupees on Friday, marking a 1.91 percent intraday decline. The company released its third-quarter financial results for fiscal year 2026 during market hours on January\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170274,"url":"https:\/\/alphastreet.com\/india\/vmart-q1-fy26-earnings-results\/","url_meta":{"origin":142596,"position":2},"title":"VMART Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 18, 2025","format":false,"excerpt":"V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India. Leading Value Retail Chain Operator, VMRL is in value retailing of apparel with a minor presence in non-apparel (footwear, accessories, toys\/ games, home textile, furnishing, d\u00e9cor, and appliances, etc.)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"VMART Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":146329,"url":"https:\/\/alphastreet.com\/india\/v-mart-retail-ltd-q4fy23-results-out-revenue-grows-by-29\/","url_meta":{"origin":142596,"position":3},"title":"V-Mart Retail Ltd Q4FY23 results out, revenue grows by 29%","author":"Chirag Gupta","date":"May 16, 2023","format":false,"excerpt":"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, d\u00e9cor, and appliances, etc.) and Kirana bazaar.\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":142403,"url":"https:\/\/alphastreet.com\/india\/metro-brands-limited-q3fy23-earnings\/","url_meta":{"origin":142596,"position":4},"title":"Metro Brands Limited Q3FY23 Earnings","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"Across 136 locations spanning over 30 states and union territories in India, Metro Brands operates 598 Shops. With the third-highest number of exclusive retail locations in India, Metro Brands focuses on the mid-priced, premium, and economy segments of the footwear industry. Financial Results: The footwear retailer has recorded a 10.8\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/iStock-158636434.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":140562,"url":"https:\/\/alphastreet.com\/india\/trents-q3-net-profit-rises-by-54\/","url_meta":{"origin":142596,"position":5},"title":"Trent&#8217;s Q3 net profit rises by 54%","author":"Chirag Gupta","date":"February 8, 2023","format":false,"excerpt":"Tata group retail firm Trent Ltd on Wednesday reported a consolidated net profit of INR 154.81 crore in the third quarter ended on December 31, 2022. The company had posted a net profit of INR 113.78 crore in the October-December quarter a year ago, Trent said in a regulatory filing.\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/e3b41f2e-c130-45c0-8677-6b884f8edcee.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142596"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142596\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/27118"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}