V-Mart Retail Limited has announced its business update for the quarter ended December 31, 2025 (Q3FY26). Total revenue from operations for Q3FY26 stood at ₹1,126 Crores, reflecting a year-on-year growth of 10% compared to ₹1,027 Crores in the corresponding quarter of the previous year. The same store sales growth (SSSG) was flat at 0% for V-Mart and +2% for Unlimited during the quarter. The company noted a shift in sales due to a larger share of Durga Puja moving to Q2 in the current year versus the previous year. On a cumulative basis, the combined SSSG for Q2 and Q3 was +5%, with total revenue growth at +15%, removing the distortion from festive timing. During the quarter, V-Mart opened 23 new stores and closed 2 stores. This brings the year-to-date (YTD) additions to 63 and closures to 6, resulting in a total operating portfolio of 554 stores as at the end of Q3FY26. The new stores opened include five in Uttar Pradesh, four in Gujarat, three in Bihar, two each in Haryana, Madhya Pradesh & Tamil Nadu, and one each in Delhi, Chhattisgarh, Uttarakhand, Jharkhand, and Punjab. The revenue numbers are provisional and subject to review by the Statutory Auditors of the Company. This information is also available on the company's website.
