Latest news with #V-MartRetail
Business Mayor
11-05-2025
- Business
- Business Mayor
V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement
Shares of V-Mart Retail fell as much as 6.2 per cent on Monday to Rs 3,161.15 on the BSE, even as the company reported a turnaround in its financial performance for the March 2025 quarter and announced a 3:1 bonus share issue. For the quarter ended March 2025, the value fashion retailer posted a net profit of Rs 19 crore, a sharp reversal from a loss of Rs 39 crore in the same quarter a year earlier. Revenue for Q4FY25 rose 17 per cent year-on-year to Rs 780 crore, up from Rs 669 crore in the March 2024 quarter. Operational performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 from Rs 40 crore a year ago. Meanwhile, the company's board of directors approved a bonus share issue in the ratio of 3:1. For every one existing fully paid-up equity share of Rs 10 each, shareholders will receive three additional shares of the same face value. The bonus issue is subject to shareholder approval. The record date for determining bonus share eligibility will be announced later. Investors must own shares at least one trading day prior to the record date to qualify for the bonus. The board did not recommend a dividend for the financial year 2024–25, opting to retain earnings to support the company's future growth initiatives. Despite a 45 per cent gain over the past year, V-Mart Retail shares have fallen more than 9 per cent in the last three months. The stock is currently trading below six of its eight key daily moving averages—the 5, 10, 20, 100, 150, and 200-DMA—suggesting prevailing bearish momentum. The stock's Relative Strength Index (RSI) stands at 64.6, indicating it is neither oversold nor overbought. READ SOURCE
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Business Standard
05-05-2025
- Business
- Business Standard
V-Mart shares fall 9% after Q4 results, bonus shares news; check details
V-Mart share price: V-Mart Retail shares plunged 9.4 per cent on the BSE on Monday, May 5, 2025 SI Reporter New Delhi V-Mart Retail share price today V-Mart Retail shares plunged 9.4 per cent on the BSE on Monday, May 5, 2025, after the announcement of the company's March 2025 quarter results. The stock hit an intraday low of ₹3,054.25 per share. At 1:50 PM, V-Mart shares were trading 7 per cent lower at ₹3,132.10 per share as against a 0.4 per cent rise in the benchmark BSE Sensex index. Around 5,510 shares have changed hands on the V-Mart Retail counter, so far, on the BSE as compared to a two-week average of 2,097 shares. Why are V-Mart Retail shares falling today? The decline in V-Mart shares came after investors booked profit in the stock after the Q4FY25 result announcement. In the March 2025 quarter (Q4FY25), V-Mart Retail reported a revenue growth of 17 per cent year-on-year (Y-o-Y), including LimeRoad's commission income, at ₹780 crore. Of this, revenue growth from V-Mart (offline) was 19 per cent Y-o-Y at ₹655.6 crore, and Unlimited was 11 per cent Y-o-Y at ₹116.4 crore. LimeRoad's commission income, however, dropped 35 per cent Y-o-Y to ₹10.5 crore. V-Mart offline sales contributed 84 per cent of the total revenue, Unlimited contributed 15 per cent, and LimeRoad 1 per cent. The company also turned profitable in the quarter with a net profit of ₹18.5 crore as against a net loss of ₹38.9 crore in the year-ago period. The company managed to reduce LimeRoad net loss by 44 per cent Y-o-Y. On the margin front, V-Mart's gross margins expanded 140 basis points Y-o-Y to 33.1 per cent in Q4FY25, while Ebitda margin improved 270bp Y-o-Y to 8.7 per cent. Consolidated Same Store Volume Growth (SSVG), meanwhile, rose to 8 per cent from 5 per cent Y-o-Y. V-Mart Retail opened 13 new stores and closed 4 stores during the quarter. For the full year FY25, it added 62 new stores and closed 9. V-Mart bonus shares news The Board of Directors on V-Mart Retail has approved the issue of 3 fully paid bonus equity shares for every 1 fully paid equity share of face value ₹10. The record date for determining the eligibility of shareholders for the bonus issue will be announced separately, subject to the shareholders' approval. About V-Mart V-Mart Retail is an omni retail store chain, offering fashion apparel, footwear, home furnishings, general merchandise, and Kirana. Focused on Tier-II and Ill cities, V-Mart is present pan-India with an average store size of 8,000 sq. ft.
Time of India
05-05-2025
- Business
- Time of India
V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement
Shares of V-Mart Retail fell as much as 6.2 per cent on Monday to Rs 3,161.15 on the BSE, even as the company reported a turnaround in its financial performance for the March 2025 quarter and announced a 3:1 bonus share issue. For the quarter ended March 2025, the value fashion retailer posted a net profit of Rs 19 crore, a sharp reversal from a loss of Rs 39 crore in the same quarter a year earlier. Revenue for Q4FY25 rose 17 per cent year-on-year to Rs 780 crore, up from Rs 669 crore in the March 2024 quarter. Operational performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 from Rs 40 crore a year ago. Meanwhile, the company's board of directors approved a bonus share issue in the ratio of 3:1. For every one existing fully paid-up equity share of Rs 10 each, shareholders will receive three additional shares of the same face value. The bonus issue is subject to shareholder approval. The record date for determining bonus share eligibility will be announced later. Investors must own shares at least one trading day prior to the record date to qualify for the bonus. The board did not recommend a dividend for the financial year 2024–25, opting to retain earnings to support the company's future growth initiatives. Despite a 45 per cent gain over the past year, V-Mart Retail shares have fallen more than 9 per cent in the last three months. The stock is currently trading below six of its eight key daily moving averages—the 5, 10, 20, 100, 150, and 200-DMA—suggesting prevailing bearish momentum. The stock's Relative Strength Index (RSI) stands at 64.6, indicating it is neither oversold nor overbought.
Economic Times
05-05-2025
- Business
- Economic Times
V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement
V-Mart Retail's operational performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 Synopsis V-Mart Retail shares experienced a decline of 6.2% despite positive financial news. The company reported a net profit of Rs 19 crore for the March 2025 quarter, a significant improvement from the previous year. Revenue also increased by 17%. The board approved a 3:1 bonus share issue. However, the board did not recommend dividend. Shares of V-Mart Retail fell as much as 6.2% on Monday to Rs 3,161.15 on the BSE, even as the company reported a turnaround in its financial performance for the March 2025 quarter and announced a 3:1 bonus share issue. ADVERTISEMENT For the quarter ended March 2025, the value fashion retailer posted a net profit of Rs 19 crore, a sharp reversal from a loss of Rs 39 crore in the same quarter a year earlier. Revenue for Q4FY25 rose 17% year-on-year to Rs 780 crore, up from Rs 669 crore in the March 2024 quarter. Operational performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 from Rs 40 crore a year ago. Meanwhile, the company's board of directors approved a bonus share issue in the ratio of 3:1. For every one existing fully paid-up equity share of Rs 10 each, shareholders will receive three additional shares of the same face value. The bonus issue is subject to shareholder record date for determining bonus share eligibility will be announced later. Investors must own shares at least one trading day prior to the record date to qualify for the board did not recommend a dividend for the financial year 2024–25, opting to retain earnings to support the company's future growth initiatives. ADVERTISEMENT Also read | Bank stocks, RIL drive Sensex over 350 points higher, Nifty tops 24,400 Despite a 45% gain over the past year, V-Mart Retail shares have fallen more than 9% in the last three months. The stock is currently trading below six of its eight key daily moving averages—the 5, 10, 20, 100, 150, and 200-DMA—suggesting prevailing bearish momentum. ADVERTISEMENT The stock's Relative Strength Index (RSI) stands at 64.6, indicating it is neither oversold nor overbought.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) ADVERTISEMENT (You can now subscribe to our ETMarkets WhatsApp channel) Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Why gold prices could surpass $4,000: JP Morgan's bullish outlook explained Cyient shares fall over 9% after Q4 profit declines, core business underperforms Cyient shares fall over 9% after Q4 profit declines, core business underperforms L&T Technology Services shares slide 7% after Q4 profit dips L&T Technology Services shares slide 7% after Q4 profit dips Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? Trump-Powell standoff puts U.S. Rate policy in crosshairs: Who will blink first? SEBI warns of securities market frauds via YouTube, Facebook, X and more SEBI warns of securities market frauds via YouTube, Facebook, X and more API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders API Trading for All: Pi42 CTO Satish Mishra on How Pi42 is Empowering Retail Traders Security, transparency, and innovation: What sets Pi42 apart in crypto trading Security, transparency, and innovation: What sets Pi42 apart in crypto trading Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains Bitcoin, Ethereum, or Altcoins? How investors are structuring their crypto portfolios, Avinash Shekhar explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains The rise of Crypto Futures in India: Leverage, tax efficiency, and market maturity, Avinash Shekhar of Pi42 explains How Pi42 is simplifying crypto trading: CTO Satish Mishra on integrating technical & fundamental insights NEXT STORY
Time of India
05-05-2025
- Business
- Time of India
V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of V-Mart Retail fell as much as 6.2% on Monday to Rs 3,161.15 on the BSE, even as the company reported a turnaround in its financial performance for the March 2025 quarter and announced a 3:1 bonus share the quarter ended March 2025, the value fashion retailer posted a net profit of Rs 19 crore, a sharp reversal from a loss of Rs 39 crore in the same quarter a year earlier. Revenue for Q4FY25 rose 17% year-on-year to Rs 780 crore, up from Rs 669 crore in the March 2024 performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 from Rs 40 crore a year the company's board of directors approved a bonus share issue in the ratio of 3:1. For every one existing fully paid-up equity share of Rs 10 each, shareholders will receive three additional shares of the same face value. The bonus issue is subject to shareholder record date for determining bonus share eligibility will be announced later. Investors must own shares at least one trading day prior to the record date to qualify for the board did not recommend a dividend for the financial year 2024–25, opting to retain earnings to support the company's future growth read | Bank stocks, RIL drive Sensex over 350 points higher, Nifty tops 24,400 Despite a 45% gain over the past year, V-Mart Retail shares have fallen more than 9% in the last three months. The stock is currently trading below six of its eight key daily moving averages—the 5, 10, 20, 100, 150, and 200-DMA—suggesting prevailing bearish stock's Relative Strength Index (RSI) stands at 64.6, indicating it is neither oversold nor overbought.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
