V-Mart Retail Limited reported strong financial results for the quarter and year ended March 31, 2026. The company achieved a 24% year-on-year revenue growth in Q4, reaching INR 971 crore, while EBITDA soared by 56%. For the full fiscal year, V-Mart saw revenue reach INR 3,789 crore. The retailer also hit a major milestone, reaching 577 total stores after an aggressive expansion strategy that added 92 new locations throughout the year.
Quarterly Financial Performance
V-Mart concluded the fourth quarter of FY26 with significant momentum. The company reported revenue of INR 971 crore, marking a 24% increase over the same quarter last year. Operational efficiency also improved substantially, with EBITDA rising 56% to INR 106 crore, resulting in an EBITDA margin of 10.9%. The adjusted profit after tax (PAT) for the quarter stood at INR 10 crore, a remarkable turnaround from the previous year’s performance.
Annual Highlights and Operational Excellence
For the full financial year 2026, V-Mart recorded revenue of INR 3,789 crore, representing a 16% year-on-year growth. The company’s annual EBITDA grew by 36% to reach INR 513 crore. A key driver of this success was the same store sales growth (SSSG), which climbed 12% during the quarter and 5% for the full year. Furthermore, the company successfully optimized its supply chain, reducing days of inventory by 3 days and lowering per-store inventory levels by 13%.
Strategic Store Expansion
V-Mart has accelerated its pan-India footprint, reaching a total of 577 stores. The company executed its highest-ever store expansion in a single year, opening 92 new locations, including 29 additions in the final quarter alone. This aggressive growth strategy reinforces V-Mart’s position as a leading value fashion retailer, particularly in Tier II and III cities, as it continues to cater to the growing demand for affordable, high-quality fashion apparel and accessories.
Source: BSE
