Bengaluru: V-Mart Retail Ltd’s net profit nearly tripled year-on-year in the April-June quarter, lifted by cost cuts and improved operational efficiency, even as slow sales at existing stores and weak demand in small cities reflected a broader pressure on consumer spending.The Kolkata-based value fashion retailer’s revenue rose 13% year-on-year to ₹885 crore in the three months through June, its highest quarterly revenue in over two decades. The performance slightly exceeded Motilal Oswal’s analyst estimate of a 12% growth.V-Mart’s net profit surged 177% to ₹34 crore in the April-June quarter of FY26, despite discretionary demand remaining patchy in the country’s small towns.Also Read | V-Mart Retail’s bold acquisitions hurt, but the tables are turning nowSales at older stores grew just 1% from a year earlier, but the company said this number looks low mainly because the Eid festival shopping happened early this year. “If you adjust for that shift, the real growth at existing stores was closer to 5%, with both the V-Mart and Unlimited store formats contributing equally,” the company said in an exchange filing on Thursday.“The operating leverage has clearly kicked in, and these margins will sustain in the coming quarters as well,” said Pratik Prajapati, equity research analyst at Ambit Capital. “The numbers are pretty strong, and the company has shown meaningful efficiency on the cost side.”The company’s earnings before interest, taxes, depreciation and amortization rose 27% y-o-y to ₹126 core in the June quarter, up from ₹99 crore in the same period a year ago.Investors cheered V-Mart’s quarterly results, as the company’s shares settled 5.7% higher at ₹807.40 apiece on the BSE on Thursday.The subdued same-store sales growth mirrors a broader consumption slowdown in discretionary retail. Avenue Supermarts Ltd (DMart) posted a muted same-store sales growth (SSSG) of just 3.9% in Q1 FY26, while Shoppers Stop’s same-store sales contracted 5.9% during the same period, reflecting similar softness in footfalls and demand across organized value and premium retail.Also Read | ‘Minimalist will die…’: Bombay Shaving’s CEO ‘predicts’ future of skincare brandSame store sales growth measures the year-on-year revenue growth from stores that have been operational for at least a year, and is a key metric of a company’s operational efficiency and financial health.V-Mart added 15 new stores and shut two underperformers during the quarter, taking its total store count to 510 across 27 states and Union Territories. While store expansion continues, the company is also focusing on improving performance at existing locations.V-Mart’s expansion comes at a time when competition in the value fashion segment is intensifying, particularly in smaller towns. Rivals like V2 Retail are scaling rapidly, which has added 26 new outlets in the June quarter alone and is considering revising its FY26 expansion guidance upwards from the earlie in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. 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V-Mart reports a significant increase in profits for the June quarter, despite weaker demand from smaller towns.
