Latest news with #Unlimited
Time of India
5 days ago
- Business
- Time of India
V-Mart Q1 PAT surges to Rs 34 crore; revenue up 13% amid steady store growth
New Delhi: V-Mart Retail Ltd has reported a sharp 177 per cent year-on-year (YoY) rise in net profit to Rs 34 crore for the quarter ended June 30, 2025 (Q1 FY26), up from Rs 12 crore in the same quarter last year. The performance was supported by improved operational efficiency, better inventory control, and stable demand. Revenue from operations grew 13 per cent YoY to Rs 885 crore, compared to Rs 786 crore in Q1 FY25. EBITDA rose 27 per cent YoY to Rs 126 crore, with EBITDA margin improving to 14.3 per cent, up from 12.6 per cent a year ago. The company's days of inventory improved by 5 per cent YoY to 93 days, contributing to stronger profitability. Same-store sales growth (SSSG) stood at 1 per cent YoY, but after adjusting for the preponement of Eid to Q4 FY25, normalised SSSG came in at 5 per cent, driven equally by the V-Mart and Unlimited formats. V-Mart continued to expand its retail footprint, adding 15 new stores and closing 2 underperforming ones during the quarter, taking its total store count to 510 across 27 states and union territories. The company said it remains focused on strengthening its omni-channel presence through its platform LimeRoad and across other leading marketplaces. Founded in 2002, V-Mart has built its core around value fashion retailing for Tier II and III cities, offering affordable apparel and accessories through large-format stores averaging 8,000 sq. ft.
Business Standard
6 days ago
- Business
- Business Standard
V-Mart Retail gains after Q1 PAT climbs 177% YoY to Rs 34 cr
V-Mart Retail rallied 5.24% to Rs 803.90 after the company reported a standalone net profit of Rs 33.60 crore in Q1 FY26, up 176.77% from Rs 12.14 crore posted in Q1 FY25. Revenue from operations jumped 12.61% year on year (YoY) to Rs 885.22 crore in the quarter ended 30 June 2025. Profit before tax was at Rs 42.94 crore in Q1 FY26, marking a growth of 360.73% as against Rs 9.32 crore posted in Q1 FY25. For Q1 FY26, the companys revenue from the retail trade stood at Rs 879.06 crore (up 13.5% YoY), while revenue from the digital market stood at Rs 8.13 crore (down 40.79% YoY). EBITDA jumped 27% to Rs 126 crore in Q1 FY26 as compared with Rs 99 crore reported in Q1 FY25. EBITDA margin improved 14.3% in Q1 FY26 as against 12.6% recorded in the corresponding quarter the previous year. Same-store sales growth (SSSG) for the quarter stood at 1% YoY. Adjusting for the preponement of Eid to the previous quarter this year, normalized SSSG was 5% YoY, driven equally by V-Mart and Unlimited, both delivering 5% growth. The company remains focused on its store expansion plan and opened 15 new stores and closed 2 underperforming stores during the quarter, taking the total number of stores pan-India to 510 across 27 states & UTs as of quarter end. V-Mart is engaged in the business of Value Retailing through the chain of stores situated at various cities in India.
Time of India
6 days ago
- Business
- Time of India
V-Mart adds 15 stores in Q1, taking total to 510 as it deepens presence in small-town India
V-Mart Retail opened 15 new stores during the first quarter of FY26, expanding its footprint to 510 outlets across the country, according to the company's investor presentation on Thursday. The growth reflects a continued push into India's Tier 3 and Tier 4 towns, where the company sees long-term demand for value fashion and general merchandise. Of the total stores, Uttar Pradesh leads with 158 outlets, followed by Bihar with 72 and Tamil Nadu with 33. New additions during the quarter included stores in Varanasi and Jhansi in Uttar Pradesh, Surat in Gujarat, and Ichalkaranji in Tamil Nadu. Explore courses from Top Institutes in Please select course: Select a Course Category Public Policy Data Analytics Artificial Intelligence MCA Healthcare healthcare Data Science Technology Design Thinking CXO Finance Data Science PGDM Project Management MBA Digital Marketing Degree others Cybersecurity Product Management Others Leadership Operations Management Management Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details V-Mart now operates 421 stores under the V-Mart brand and 89 under the 'Unlimited' banner, acquired from Arvind Fashions. Most of the recent expansion targets underserved markets where organised retail is still nascent. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo The company also closed two stores during the quarter—one each under the V-Mart and Unlimited formats. V-Mart's total retail space rose to 4.4 million sq ft, up from 3.9 million sq ft a year earlier. Store productivity also improved, with average monthly sales per square foot rising 1% year-on-year to ₹745. Live Events The expansion came alongside stronger financial performance: the company posted 13% year-on-year revenue growth and a 177% jump in profit after tax for the quarter. Net profit stood at ₹33.6 crore, up from ₹12.1 crore in the same quarter last year. Revenue rose 13% year-on-year to ₹885.2 crore, compared to ₹786.1 crore a year ago. Earnings before interest, tax, depreciation, and amortisation (EBITDA) grew 27% to ₹126.2 crore, from ₹99 crore in the year-ago period. The EBITDA margin improved to 14.3%, up from 12.6% in the corresponding quarter of the previous year. Shares of V-Mart Retail Ltd ended the day at ₹815, up ₹51.15 or 6.7%.
CNBC
17-07-2025
- Business
- CNBC
To achieve market expectations we need strong growth and little inflation: Unlimited's Bob Elliott
Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk why he thinks the markets are 'priced for perfection' and what could throw that balance off.
Gizmodo
02-07-2025
- Business
- Gizmodo
Mint Mobile Wants to Hook You Up With a New Samsung Galaxy S25+ and a Sweet Deal on Their Unlimited Plan
If you're not ready to switch your cellular service over to Mint Mobile yet, you can't say it's due to lack of effort on their part. It's possible you missed their earlier deal offers that dramatically dropped the price of their Unlimited plan and a brand-new Samsung smartphone, and if that's the case, you're in luck because they're back with another one. See at Mint Mobile Make the jump from your current provider to Mint Mobile, where you get access to the nation's largest 5G network at considerably lower prices than you get from Big Cellular, and you can get a brand-new Samsung Galaxy S25+ smartphone for a lower price than you'll find even on Samsung's site, and we know that Samsung is not shy about offering great deals. You'll also get two years of a locked-in $15 per month price on Mint Mobile's top-level Unlimited plan. Start with the shiny-new Samsung Galaxy S25+ smartphone offer — Mint Mobile is offering $440 off the regular $1,000 price on the 256GB model, bringing it to you for just $560. That's a better price than even deal-friendly Samsung is offering, and it's available in 4 colors when you switch to Mint Mobile and take their bundle deal on the Galaxy S25+ and two years of Unlimited for just $15 per month. The Galaxy S25+ took the market by storm just one short year ago, with reviewers and customers alike raving about its huge, gorgeous 6.7-inch display, ultra-fast Snapdragon 8 Elite for Galaxy processor, ultra-wide camera, and exceptionally long battery life. Of course, if you're very attached to your current smartphone, bring it along and Mint Mobile will connect it to their service quickly and easily while letting you keep your phone number. The new Galaxy S25+ is a sweet incentive indeed, but the real prize in this Mint Mobile offer is that you get two years of their top-level Unlimited plan for just $15 per month — the same price as their entry-level 5GB plan, and it's locked in for 24 months with no price hikes or hidden costs. You pay for all 24 months up front but at the greatly discounted rate, and then you're paid up for two solid years of Unlimited, where you'll get high-speed data on the nation-best 5G network and unlimited text and talk. Mint Mobile's bundle offers continue to blow us away, and the bonus icing on the cake is the fact you can make the switch quick and easy without leaving your couch — Mint Mobile keeps its rates so low because they have no brick-and-mortar stores or other overhead costs. This latest bundle deal offering $440 off the price of a brand-new Samsung Galaxy S25+ smartphone and two years of unlimited talk and text for just $15 per month is a limited-time offer, so don't miss this one too! See at Mint Mobile
