In Q4 FY25, V-mart’s total sales increased 18% YoY to Rs 772 crore, while sales from the LimeRoad digital marketplace fell 47% YoY to Rs 8 crore.
Income from LimeRoad digital marketplace of Rs 8 crore represents the commission income charged from sellers on the Net Merchandising Value (NMV) of Rs 23 crore.
The company's same store sales growth (SSSG) stood at 8% for the quarter ended 31st March 2025.
During the quarter, the company has opened 13 new stores and closed 4 stores. The 13 new stores include, four stores in Uttar Pradesh, two stores each in Bihar and Jharkhand and one store each in West Bengal, Jammu and Kashmir, Assam, Arunachal Pradesh & Tamil Nadu.
In FY25, the company’s revenue excluding LimeRoad digital marketplace jumped 18% YoY to Rs 3,213 crore. The firm's SSSG for the year stood at 11%.
V-Mart is an omni-retail store chain for the complete family, offering fashion apparel, footwear, home furnishings, general merchandise, and kirana.
The company’s standalone net profit surged 153.7% to Rs 71.63 crore in Q3 FY25, as compared with Rs 28.23 crore posted in Q3 FY24. Revenue from operations jumped 15.5% year on year (YoY) to Rs 1,026.73 crore in the quarter ended 31st December 2024.