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V-Mart Retail marked a major milestone with the inauguration of its 500th store, underscoring its rapid and consistent growth.
Since 2003 V-Mart has emerged as a retail powerhouse with presence in over 300 cities. The company now boasts 43 Lakh square feet of retail space, reflecting its operational scale and market penetration. Over the years, the brand has served over 100 million customers.
With this milestone, V-Mart reinforces its position as a leading value retailer of Bharat, committed to providing affordable and quality products to its customers. The company had opened 62 stores in the FY25. Operating under the banners of V-Mart, Unlimited, and LimeRoad.com, the company is poised to continue redefining value retailing in India—making fashion more inclusive, accessible, and democratic for millions.
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.