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V-mart Retail Ltd (VMAR.NS)

VMAR.NS on National Stock Exchange of India

1,925.95INR
28 Oct 2020
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Latest Key Developments (Source: Significant Developments)

India's V-Mart Retail Posts June-Qtr Loss
Monday, 10 Aug 2020 

Aug 10 (Reuters) - V-mart Retail Ltd ::JUNE QUARTER LOSS 336.4 MILLION RUPEES VERSUS PROFIT 176 MILLION RUPEES YEAR AGO.JUNE QUARTER REVENUE FROM OPERATIONS 780.6 MILLION RUPEES VERSUS 4.53 BILLION RUPEES YEAR AGO.  Full Article

India's V-Mart Retail March Qtr Loss Widens
Friday, 29 May 2020 

May 29 (Reuters) - V-mart Retail Ltd ::MARCH QUARTER LOSS 84.4 MILLION RUPEES VERSUS LOSS OF 9 MILLION RUPEES YEAR AGO.MARCH QUARTER REVENUE FROM OPERATIONS 3.33 BILLION RUPEES VERSUS 3.45 BILLION RUPEES YEAR AGO.BELIEVES THAT IT HAS SUFFICIENT FUNDS TO OPERATE FOR NEXT 12 MONTHS..STORE CLOSURES DUE TO LOCKDOWNS ADVERSELY AFFECTED BUSINESS OPERATIONS, LED TO SIGNIFICANT DECLINE IN REVENUES.LOCKDOWN IMPACTED GROSS MARGINS, EBITDA DISPROPORTIONATELY AS MAJORITY BUSINESS EXPENSES ARE FIXED COSTS.SEEING ROUGHLY 40% OF NORMAL FOOTFALLS IN OPENED STORES FOR RELATIVE OPERATIONAL HOURS.DO NOT PERCEIVE ANY ADVERSE IMPACT TO SUSTAIN OPERATIONS AS OF NOW DUE TO COVID.PROFITABILITY SITUATION MAY REMAIN CHALLENGING TILL SITUATION NORMALISES.CO DID NOT HAVE ANY DEBT OBLIGATIONS AS OF MARCH 31, 2020.OPTIMISTIC OF PARTIAL RECOVERY AFTER Q1 FY21.  Full Article

India's V-Mart Retail Expects To Invest 600-700 Mln Rupees For Stores In 2021
Wednesday, 26 Feb 2020 

Feb 26 (Reuters) - V-Mart Retail chairman Lalit Agarwal::SAYS EXPECTS TO INVEST 600-700 MILLION RUPEES FOR STORES IN 2021.  Full Article

India's V-Mart Retail Dec Quarter Profit Rises
Wednesday, 5 Feb 2020 

Feb 5 (Reuters) - V-mart Retail Ltd ::DEC QUARTER PROFIT 582.2 MILLION RUPEES VERSUS 416.8 MILLION RUPEES YEAR AGO.DEC QUARTER REVENUE FROM OPERATIONS 5.62 BILLION RUPEES VERSUS 4.66 BILLION RUPEES YEAR AGO.  Full Article

India's V-Mart Retail Sept-Qtr Loss Widens
Friday, 1 Nov 2019 

Nov 1 (Reuters) - V-mart Retail Ltd ::SEPT-QUARTER LOSS 180.4 MILLION RUPEES VERSUS LOSS OF 40.2 MILLION RUPEES YEAR AGO.SEPT-QUARTER REVENUE FROM OPERATIONS 3.14 BILLION RUPEES VERSUS 2.62 BILLION RUPEES YEAR AGO.  Full Article

V-Mart Retail Posts March Qtr Loss
Friday, 10 May 2019 

May 10 (Reuters) - V-mart Retail Ltd ::RECOMMENDED DIVIDEND OF 1.7 RUPEES PER SHARE.MARCH QUARTER LOSS 9 MILLION RUPEES VERSUS PROFIT 159.1 MILLION RUPEES YEAR AGO.MARCH QUARTER REVENUE FROM OPERATIONS 3.45 BILLION RUPEES VERSUS 2.97 BILLION RUPEES YEAR AGO.  Full Article