V-Mart Retail Ltd reported a profit of Rs 12.14 crore in Q1 FY25, a significant improvement from last year's loss. Revenue grew 15.8% to Rs 786 crore.
New Delhi, Aug 5 (PTI) V-Mart Retail Ltd on Monday reported a profit of Rs 12.14 crore for the first quarter ended in June 2024 against a loss of Rs 21.94 crore in the April-June period a year ago, according to a regulatory filing.
Revenue from operations was up 15.85 per cent to Rs 786.08 crore during the quarter under review against Rs 678.52 crore in the corresponding quarter, the value retailer stated.
V Mart's total expenses in the June quarter were at Rs 781.40 crore.
Its revenue from retail trade was at Rs 774.50 crore and Rs 11.58 crore from digital marketplace Limeroad.
Shares of V-Mart Retail Ltd on Monday settled at Rs 3,248.80 apiece, down 5.26 per cent from the previous close.
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