Revenue from operations jumped 15% year on year (YoY) to Rs 1,027 crore in the quarter ended 31 December 2024.
Profit before tax was at Rs 69.74 crore in Q3 FY25, marking a growth of 89.09% as against Rs 36.88 crore posted in Q3 FY24.
For Q3 FY25, the company’s revenue from the retail trade stood at Rs 1,016.19 crore (up 16.53% YoY), while revenue from the digital market stood at Rs 10.54 crore (down 38.03% YoY).
EBITDA soared 41.65% to Rs 171.40 crore in Q3 FY25 as compared with Rs 121 crore reported in Q3 FY24. EBITDA margin declined to 16.7% in Q3 FY25 as against 16.6% recorded in the corresponding quarter previous year.
The same-store sales growth (SSSG) increased by 10% year-on-year for Q3 FY25.
The company said that it continues to prioritize its store expansion plan, opening 21 new stores in Q3 FY25, bringing the total number of stores across India to 488 by the end of the quarter.
V-Mart is an omni-retail store chain for the complete family, offering fashion apparel, footwear, home furnishings, general merchandise, and kirana.