According to a regulatory filing dated July 1, V-Mart Retail delivered robust financial performance in Q1 FY27, with total revenue from operations reaching ₹1,089 crore, marking a 23% year-on-year growth from ₹885 crore in Q1 FY26. The company also recorded over 9% YoY increase in same-store sales growth (SSSG) during the June quarter of FY27, with V-Mart at over 8% and Unlimited at more than 13%.
During Q1 FY27, V-Mart Retail continued its aggressive expansion strategy by opening 15 stores and closing one store, resulting in a total operating portfolio of 591 stores as of June 30, 2026. The new store additions included seven stores in Uttar Pradesh, two in Uttarakhand, and one store each in Gujarat, Jharkhand, New Delhi, Tamil Nadu, and West Bengal. This expansion demonstrates the company's commitment to strengthening its retail footprint across multiple states.
In a separate filing, the company announced significant leadership changes as Vineet Jain, Chief Operating Officer, tendered his resignation via a letter dated June 10, 2026, to pursue new opportunities. Jain will officially step down from his position as COO at the close of business hours on July 15, 2026. The company has designated Anand Agarwal, Chief Finance Officer, as the new Chief Operating Officer in addition to his existing roles, ensuring continuity in senior management.
Despite the positive business updates, V-Mart Retail shares ended 2.25% higher at ₹796.55 per unit on the National Stock Exchange on Tuesday, July 1. The stock has gained more than 2% in the past week and 17% over the month, while maintaining a year-to-date gain of 14%. The scrip hit a 52-week high of ₹903 per equity share on June 25, 2025, and touched a year's low of ₹457.90 apiece on March 30, 2026.
As reported by market data, V-Mart Retail maintains a total market capitalisation of ₹6,324.07 crore as of July 1, 2026, according to data on the NSE. The company's strong Q1 performance, combined with its continued expansion strategy and leadership transition, positions it well for future growth in the retail sector. The positive market response reflects investor confidence in the company's operational performance and strategic initiatives.
