Source: Upstox
V-Mart Retail Ltd has posted a net profit of ₹19 crores for the fourth quarter ending March 31, 2025, a huge turnaround from a loss of ₹39 crores incurred the same quarter a year ago. The company has also declared a bonus share issue in the ratio of 3:1 but declined to pay any dividend for the fiscal.
Q4 Financial Highlights
In its regulatory filing on Friday, V-Mart reported revenue of ₹780 crore for Q4FY25, a 17% increase compared to ₹669 crore in Q4FY24. EBITDA stood at ₹68 crore, up from ₹40 crore in the year-ago quarter, driven by improved store performance and strong consumer demand during the festive and wedding seasons.
Same-store sales grew by 6%, while footfall surged by 25% to reach 1.4 crore during the quarter. The business opened 13 more stores and closed four struggling outlets. The total number of stores stands at 497 all over India.
Bonus Shares Announced
The Board of Directors decided to recommend to its shareholders a bonus issue of 3:1. new fully paid-up equity share of Rs. 10/- (Rupees Ten Only) each for every 1 (one) existing fully paid-up equity share of Rs. 10/- (Rupees Ten Only) each, to the eligible equity shareholders of the Company as on the record date, This will, however, be subject to the approval of shareholders.
The record date for determining shareholder eligibility will be announced in due course. Investors must purchase shares at least one day prior to the record date to avail the bonus issue.
No Dividend for FY25
This quarter was another profitable quarter, but the board of directors has decided not to recommend a dividend for FY25 in order to retain earnings for supporting the company’s future growth and expansion plans.
Market Response and Outlook
The company’s share price jumped by almost 13% in the board in the Friday trading session to close at ₹3,333.30 after the announcement reflected positive investor sentiment on its bonus share issue and recovery.
The company targets launching more than 50 new stores during FY26 focusing on Tier 2 Towns and Tier 3 cities while working on resuming the digital business back to profitability.
Disclaimer:
The views and recommendations given above are those of the analysts or brokerage firms in question. Investors should seek the counsel of certified financial professionals in order to make their investment decisions.
