vmart news and archive

V-Mart opens 87th store in Bihar

V-Mart Retail has opened a new store on Rajender Path in Siwan, Bihar taking the total number of stores to 87. The store is spread over an area of 7,410 square foot. The company reported over two fold rise in net profits at Rs 2.81 crore for the second quarter ended September 30, 2013. Its net sales in the quarter under review went up by 53.52...

Apparel

V-Mart reports Q3 net profit at Rs 103 million

V-Mart Retail announced its financial results for the quarter ended December 31, 2012 for the first time after it got listed on the stock exchange and subsequent to its initial public issue of equity shares in February 2013. The Consolidated Profit after Tax (PAT) for Q3 FY13 stood at Rs 10.30 crores, whereas total consolidated income for Q3...

Apparel

V-Mart bets big on UP

Value retailer V-Mart is bullish on the Uttar Pradesh market, especially the smaller towns in the state. The retailer says it has received a tremendous response in UP towards the apparel line. Currently, the company has 28 outlets in the state, including Lucknow, Kanpur, Saharanpur, Meerut, Muzaffarnagar, Moradabad, Shahjahanpur and Aligarh....