Improved operating performance and higher income drive a sharp quarterly turnaround
V-Mart Retail returned to profitability in the December 2025 quarter, reporting a net profit of Rs 87.99 crore, reversing a loss of Rs 8.87 crore recorded in the preceding September 2025 quarter. The company’s revenue from operations increased to Rs 1,126.38 crore during the quarter, compared with Rs 1,026.73 crore in the corresponding period last year, according to a stock exchange filing.
Total income for the quarter ended December 31, 2025, came in at Rs 1,130.34 crore, significantly higher than Rs 810.30 crore in the September 2025 quarter and Rs 1,030.11 crore in the year-ago period. Operating performance strengthened notably, with Ebitda rising to Rs 209.50 crore from Rs 71.51 crore in the previous quarter and Rs 171.37 crore in the same quarter last year.
On the cost front, total expenses rose sequentially to Rs 1,015.32 crore, up from Rs 823.91 crore in the September 2025 quarter.
The company also reported an exceptional expense of Rs 2.11 crore for both the quarter and the nine months ended 31 December 2025. This followed the Government of India’s notification of four new Labour Codes on 21 November 2025. The impact reflects incremental costs estimated based on current information and guidance issued by the Institute of Chartered Accountants of India, with the company noting that it continues to track further clarifications and rule notifications.
Separately, V-Mart Retail said it has received a statutory order dated 20 January 2026 from the Municipal Council of Banka in Bihar, levying a one-time penalty of Rs 10 lakh for the alleged unauthorised installation of approximately 200 promotional flex banners on electric poles within municipal limits. The company stated that it plans to contest the order and file an appeal against the penalty.
