V-Mart Q3 Revenue Jumps 10%, Same-Store Sales Flat Amid Festive Shift

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CNBC TV18•02-01-2026, 17:07
V-Mart Q3 Revenue Jumps 10%, Same-Store Sales Flat Amid Festive Shift
- •V-Mart Retail Ltd reported a 10% year-on-year revenue increase to ₹1,126 crore in Q3 FY26.
- •Same-store sales growth (SSSG) was 0% for V-Mart format and 2% for Unlimited format.
- •Festive timing shifts impacted Q3, with Durga Puja largely in Q2 this year.
- •Adjusted for festive timing, combined Q2 and Q3 showed 5% SSSG and 15% revenue growth.
- •V-Mart expanded its network by opening 23 new stores and closing 2 in Q3, reaching 554 total stores.
Why It Matters: V-Mart's Q3 revenue grew 10% despite flat SSSG, attributed to festive timing shifts.
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