MoneyWorks4Me

V-Mart Retail opens 15 new retail stores in Q3FY23

02 Jan 2023 Evaluate

V-Mart Retail has opened 15 new stores and closed 6 stores in the October - December quarter (Q3) of FY 2022-23. The 15 new stores include 2 store in Jharkhand, 4 in Rajasthan, 5 in Uttar Pradesh, 1 in Uttrakhand, 1 in Telangana, 1 in Madhya Pradesh and 1 in Tripura. The 6 stores closed include 1 store in Jharkhand and 2 in Uttar Pradesh, 2 stores in Bihar and 1 in West Bengal.

With this the total number of stores now stands at 414 stores as at 31st December, 2022.

V-Mart Retail is one of the pioneers in setting up stores across various small Indian towns and cities.

Peers
Company Name CMP
Avenue Supermarts 3631.90
Trent 2888.00
Vishal Mega Mart 100.15
PN Gadgil Jewellers 596.60
Aditya Birla Life 73.50
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