V-Mart Retail Limited reported total revenue from operations of Rs 11.26 billion in Q3 FY26, marking a 10% year-on-year increase. The growth was driven by festive season demand, improved footfalls, and expansion across Tier-II and Tier-III cities. The company continues to strengthen its position in India’s value retail segment.
V-Mart Retail Limited, one of India’s leading value fashion and lifestyle retailers, announced its financial results for the third quarter of FY26, showcasing resilient performance amid evolving consumer trends. The company reported revenue from operations of Rs 11.26 billion, reflecting a 10% year-on-year growth.
Key Highlights
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Q3 FY26 revenue stood at Rs 11.26 billion, up 10% compared to the same quarter last year.
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Festive season sales and higher consumer spending contributed significantly to the revenue growth.
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Expansion into Tier-II and Tier-III cities boosted store count and widened customer reach.
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Improved footfalls and higher average transaction values supported operational momentum.
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The company continues to focus on affordable fashion and lifestyle products, catering to middle-income households.
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Digital initiatives and omni-channel strategies enhanced customer engagement and sales efficiency.
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Management emphasized sustainable growth through disciplined cost control and strategic expansion.
Conclusion
V-Mart’s Q3 performance highlights its ability to capture festive demand and strengthen its footprint in emerging markets. With consistent revenue growth and a focus on affordability, the company remains well-positioned to sustain momentum in India’s competitive retail landscape.
Sources: Business Standard, Economic Times, Livemint