India's V-Mart Retail hits one-month high as fourth-quarter revenue rises 17%

V-Mart Retail

02/04/2025 07:01

** India's V-Mart Retail VMAR.NS jumps as much as 7% to hit a one-month high of 3,157.9 rupees; on course for fifth session of gains

** Co posts 17% y/y growth in fourth-quarter revenue at 7.8 billion rupees ($91.1 million), same store sales growth (SSSG) of over 8%

** V-Mart's FY2025 revenue in line with estimate, driven by SSSG and store additions - Motilal Oswal Financial Services

** Stock trims YTD losses to 20%

($1 = 85.6160 Indian rupees)

(Reporting by Vivek Kumar M)

(( VivekKumar.M@thomsonreuters.com))