V-Mart sees strong Q2 FY26 revenue and EBITDA growth

V-Mart Retail Limited reported a 22% year-on-year (YoY) revenue growth, reaching ₹807 crore for Q2 FY26, as per its unaudited financial results. The company's EBITDA for the quarter saw an 85% YoY increase, rising to ₹72 crore, with EBITDA percentage climbing to 8.9% from 5.8% in Q2 FY25. Profit after tax (loss) also improved by 84% YoY, reducing from ₹-57 crore to ₹-9 crore, while same-store sales growth stood at 11% YoY.

For the half year ended September 30, 2025 (H1 FY26), V-Mart's revenue from operations grew 17% YoY to ₹1,692 crore. EBITDA for H1 FY26 rose 44% YoY to ₹198 crore, with the EBITDA percentage at 11.7%. The company also reported a substantial improvement in PAT, which surged 156% YoY to ₹25 crore in H1 FY26 compared to a loss of ₹-44 crore in H1 FY25.

During Q2 FY26, V-Mart expanded its retail footprint by opening 25 new stores and closing two, bringing the total store count across India to 533 stores in 28 states and Union Territories. The company focuses on value fashion apparel and accessories, primarily serving Tier II and III cities through an omni-channel platform that includes limeroad.com.