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Revenue Of Rs 1,027 Crore, Up From Rs 889 Crore Last Year

GenevaTimes by GenevaTimes
January 2, 2025
in Business
Reading Time: 1 min read
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Revenue Of Rs 1,027 Crore, Up From Rs 889 Crore Last Year
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V- Mart Retail Ltd. recorded a revenue of Rs 1,016 crore for the third quarter of the current fiscal, while the Lime Road digital marketplace — the online arm of the company — reported a revenue of Rs 11 crore, making a total revenue of Rs 1,027 crore.

The company had reported a revenue of Rs 872 crore in the third quarter of the last financial year and its digital arm noted a revenue of Rs 17 crore, bringing the total to Rs 889 crore, according to the exchange filing on Thursday.

The company has opened 21 new stores while no store of V- Mart closed during the quarter. This includes eight stores in Uttar Pradesh, six shops in Bihar, two in Manipur and one each in Odisha, Assam, Tripura, Karnataka and Tamil Nadu.

In 2024, the company opened 49 stores and closed five stores, bringing the total number of stores to 488.

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