V-Mart Retail Ltd reported a 22.8% year-on-year increase in net profit to Rs. 87.99 crore (US $ 9.60 million) for the December quarter of FY ’26, supported by steady revenue growth and controlled expenses.
The value fashion retailer had posted a net profit of Rs. 71.63 crore (US $ 7.81 million) in the corresponding quarter of the previous financial year, according to a regulatory filing.
Revenue from operations during the quarter rose 9.7% to Rs. 1,126.38 crore (US $ 122.93 million), compared with Rs. 1,026.73 crore (US $ 112 million) a year earlier. The company’s total income, including other income, stood at Rs. 1,130.34 crore (US $ 123 million), reflecting a growth of 9.73% year on year.
Total expenses for the quarter increased at a slower pace of 5.7% to Rs. 1,015.32 crore (US $ 110 million), aiding profitability. Income from the core retail trade segment amounted to Rs. 1,120.23 crore (US $ 122.26 million), while the digital marketplace business contributed Rs. 10.67 crore (US $ 1.16 million) during the period.
V-Mart Retail Ltd operates in the value retail segment, offering apparel, footwear, home furnishings and general merchandise at affordable price points. The company primarily caters to consumers in Tier-2,3 and 4 towns and has a strong physical retail footprint across multiple states in India, complemented by a growing digital presence.
Bharat Tex Special Report 2026 
