Retailers V-Mart, Baazar Style, V2 Retail surge on strong business updates

Investments Indian Investments

Posted by NewAdmin on 2025-04-02 08:41:21 |

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The shares of V-Mart Retail, Baazar Style, and V2 Retail saw significant gains on April 2, driven by positive business updates for the January-March quarter of FY25. V-Mart Retail's shares rose nearly 8 percent, Baazar Style's shares surged over 12 percent, and V2 Retail saw a 5 percent increase, remaining locked at the upper circuit during the session. The positive sentiment in the retail sector also influenced other peers, with Vishal Mega Mart trading over 6 percent higher and DMart gaining nearly 2 percent.  

V-Mart Retail reported a 17 percent increase in revenue from operations, reaching Rs 780 crore in Q4FY25. However, its digital marketplace LimeRoad faced a significant revenue drop of 47 percent. During the quarter, V-Mart opened 13 new stores, distributed across states like Uttar Pradesh, Bihar, Jharkhand, West Bengal, Jammu and Kashmir, Assam, Arunachal Pradesh, and Tamil Nadu. The company also closed four stores during this period. The same store sales growth (SSSG) for the quarter was 8 percent, while for the entire fiscal year, it was 11 percent. Overall, V-Mart reported a revenue increase to Rs 3,254 crore for FY25, compared to Rs 2,786 crore in FY24, representing a 17 percent growth. During the year, V-Mart opened 62 new stores and closed nine, bringing the total store count to 497 as of March 31.  

Baazar Style Retail, based in Kolkata, also reported strong quarterly performance with a 55 percent revenue increase to Rs 345.6 crore in Q4FY25. For the entire fiscal year, the company's revenue reached Rs 1,343.8 crore, marking a 38 percent rise compared to Rs 972.7 crore in FY24. The company expanded its presence significantly during the quarter by adding 15 new stores, bringing the total count to 214. Sales per square foot increased by 19 percent year-on-year, reaching Rs 679 per month. The same store sales growth was particularly strong at 20 percent in the fourth quarter and 13 percent for the fiscal year.  

V2 Retail reported the highest revenue growth among the three companies, with a 69 percent increase to Rs 499 crore for the January-March quarter. The surge was attributed to stronger product demand, improved store experience, and efficient supply chain management. The company reported a robust same store sales growth of 24 percent, with sales per square foot at Rs 896 during the quarter. V2 Retail expanded significantly, adding 29 new stores during Q4FY25, increasing the total count to 189 and covering approximately 20.27 lakh square feet. The company focused on penetrating deeper into Tier 2 and Tier 3 cities. During FY25, V2 Retail opened 74 new stores and closed two, positioning itself for continued growth in the value fashion segment.  

The strong business updates from these retail companies indicate their ability to adapt to changing market conditions and consumer preferences. The focus on expanding store networks and enhancing customer experiences has contributed to their positive financial performance. As a result, investor sentiment remained optimistic, reflecting in the upward movement of their share prices.

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