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V-Mart Retail reports 65% fall in Q3 net profit

06 Feb 2023 Evaluate

V-Mart Retail has reported results for third quarter ended December 31, 2022. (Q3FY23)

The company has reported fall of 65.03% in its net profit at Rs 19.97 crore for Q3FY23 as compared to Rs 57.11 crore for the corresponding quarter previous year. However, total income of the company increased by 11.94% to Rs 777.58 crore for the quarter under review as compared to Rs 694.61 crore for the same quarter in the previous year.

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 3715.00
Trent 2796.00
Vishal Mega Mart 101.10
PN Gadgil Jewellers 601.00
Aditya Birla Life 82.35
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