V-Mart Retail Q3FY26 Business Update: Revenue Growth and Store Expansion

V-Mart Retail Limited has announced its business update for the third quarter of the financial year 2025-26, highlighting significant revenue growth and strategic store expansion across India. 

Q3FY26 Revenue Performance 

For the quarter ending December 31, 2025, V-Mart Retail reported total revenue from operations amounting to ₹1,126 crore. This marks a 10% increase compared to ₹1,027 crore in the same quarter of the previous year.  

The same-store sales growth (SSSG) remained flat, with V-Mart at 0% and Unlimited at 2%. The shift in sales was attributed to a larger share of Durga Puja sales moving to Q2 this year compared to the previous year.  

On a cumulative basis, Q2 and Q3 results showed a combined SSSG of 5% and total revenue growth of 15%. 

Store Openings and Closures 

During Q3FY26, V-Mart Retail opened 23 new stores and closed 2, bringing the year-to-date (YTD) additions to 63 and closures to 6. As of the end of Q3, the company operates a total of 554 stores.  

The new store openings include 5 in Uttar Pradesh, 4 in Gujarat, 3 in Bihar, 2 each in Haryana, Madhya Pradesh, and Tamil Nadu, and 1 each in Delhi, Chhattisgarh, Uttarakhand, Jharkhand, and Punjab. 

Read More: TVS Motor Records Highest-Ever Quarterly Sales in Q3 FY26! 

Regulatory Compliance 

This business update is in compliance with the applicable regulations of SEBI (Listing Obligation and Disclosure Requirements), Regulations, 2015. The provisional revenue numbers are subject to review by the statutory auditors of the company. 

V-Mart Retail Share Price Performance  

As of January 02, 2026, at 3:30 PM, V-Mart Retail share price on NSE was closed at ₹703.20 up by 0.77% from the previous closing price. 

Conclusion 

V-Mart Retail's Q3FY26 performance reflects a solid revenue growth of 10% and a strategic expansion with 23 new stores, enhancing its presence across various Indian states. The company's ability to maintain a stable same-store sales growth amidst shifting festive sales patterns indicates its resilience and adaptability in the retail sector. 

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