V-Mart Retail Limited announced its audited financial results for the fourth quarter and full year ended March 31, 2026. The company's Board of Directors approved these results at a meeting held on May 7, 2026. For the fourth quarter ended March 31, 2026, V-Mart reported a revenue of ₹971 crore, marking a 24% year-on-year (YoY) growth. EBITDA for the quarter stood at ₹106 crore, a significant 56% increase YoY. Adjusted Profit After Tax (PAT) was ₹10 crore, compared to -₹1 crore in the same quarter last year. The EBITDA margin improved to 10.9% from 8.7% YoY. For the full fiscal year 2026, revenue grew by 16% YoY to ₹3,789 crore, with EBITDA increasing by 36% YoY to ₹513 crore. Adjusted PAT for the year was ₹125 crore, a substantial 507% increase from ₹21 crore in FY25. The EBITDA margin for the full year was 13.6%. Same-store sales growth (SSSG) was reported at +12% for the quarter and +5% for the year. Strategic initiatives have led to improved inventory management, with inventory days improving by 3 days YoY and a 13% YoY reduction in per-store inventory as of March 31, 2026. V-Mart accelerated its expansion, adding 29 new stores in Q4 and closing 6, bringing the total store count to 577. The company added a record 92 stores during the fiscal year. V-Mart is a value fashion retailer primarily focused on Tier II and III cities, with an omni-channel presence including www.limeroad.com.
