V-Mart Retail Reports Impressive Q3 Earnings: Profit Soars 153%

V-Mart Retail has announced a remarkable financial performance for the third quarter of FY2024, with net profit skyrocketing to ₹71.63 crore, a staggering increase of 153.74% compared to ₹28.23 crore in the same period last year. The company's net sales also surged by 15.5%, reaching ₹1,027 crore, up from ₹889 crore. This robust growth reflects V-Mart's strategic initiatives and strong demand in the retail sector, boosting investor confidence as shares jumped over 12% following the announcement. 

 

Source: Money Control, NDTV Profit