V-Mart Retail Q2 Results: Shares tank 10% despite net loss narrowing, margin expanding

Shares of V-Mart Retail Ltd. fell over 10% on Monday, November 10, after the company reported results for the July-September period.V-Mart’s net loss narrowed to ₹9 crore for the September quarter, compared to a net loss of ₹56.5 crore from the same quarter last year.

Revenue for the quarter increased by 22% from last year to ₹807 crore from ₹661 crore during the same quarter last year.

Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter nearly doubled for the quarter to ₹71.5 crore, which is a growth of 87% from last year’s figure of ₹38.2 crore.EBITDA margin for the quarter expanded by 300 basis points from last year to 9% from 6%.

The company had already made its revenue growth announcement during its business update shared in October. Same store sales growth at the end of the quarter stood at 11%.

V-Mart opened 25 new stores during the quarter and closed 2 stores, taking the total store count to 533.

Shares of V-Mart Retail are trading 9.2% lower after the results announcement at ₹742. The stock is down 23% so far in 2025.