India's V-Mart Retail jumps on sharp rise in Q1 profit

V-Mart Retail

24/07/2025 09:15

** India's V-Mart Retail VMAR.NS surges as much as 12% to 856 rupees; last up ~8%

** Department store operator's Q1 profit jumps 176% y/y, revenue up 12.6%

** More than 700,000 shares change hands on the day, ~6x of 30-day average daily volume

** Analysts on average recommend "buy" rating on stock; median PT 1,112.5 rupees - data compiled by LSEG

** YTD, VMAR down 13%

(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))