V-Mart Retail Shares Increase 13% on Surprise Q4 Earnings Beat

V-Mart Retail Share Price Rallies 13% After Strong Q4 Business Update

V-Mart Retail's share price surged by over 13% on Thursday, April 2, following the company's release of its March quarter (Q4) business update on the exchanges. The company's revenue saw a significant increase of 24% to ₹971 crore during the quarter, while same-store sales growth was recorded at 12%. The stock reached its day's high of ₹547.65 on the BSE, but remains 43% away from its 52-week high of ₹962.48, achieved in June 2025.

The company's stock has faced pressure recently, with a decline of 37% in the last 1 year, 28% in the past 6 months, 26% in the last 3 months, and 6% in the last 1 month. However, the Q4 business update paints a different picture, with V-Mart Retail ending the quarter on a strong note.

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The company's total revenue from operations stood at ₹971 crore in Q4FY26, up from ₹780 crore in the corresponding quarter last year. V-Mart Retail also reported a same-store sales growth of 12% during the quarter, with its Unlimited segment recording a growth of 9%. The company opened 29 stores and closed 6 stores during the March quarter, taking its total store count to 577 as of March 31, 2026.

Notably, FY26 marked the company's highest-ever store additions, with 92 store openings and 12 closures during the year. The latest store additions were spread across multiple states, indicating V-Mart Retail's continued push into regional and mass-market retail opportunities. The new stores were opened in several states, including Uttar Pradesh, Tamil Nadu, Bihar, West Bengal, Jharkhand, Jammu and Kashmir, Rajasthan, Chhattisgarh, and Uttarakhand.