V-mart Retail shines on impressive Q4 numbers

V-mart Retail Ltd. reported its results for the quarter ended Mrach 31, 2017 on Wednesday. The numbers were largely positive.

Total sales for this quarter, Q4FY17, came in at Rs. 251.82 crore. This represents a 22.9 per cent sequential decline and 41.5 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 7.6 crore and the EBIT margin stood at 3.02 per cent.

The company reported  PAT(unadjusted) of Rs. 4.99 crore which represents a sequential QoQ decline of 81.7 per cent and a YoY increase of 939.6 per cent.

The Board of Directors has recommended a final dividend of Rs. 1.25 per equity share for the face value of Rs. 10 each.

The company's stock opened at Rs. 970 an touched an intra-day high as well as 52 week high of Rs. 1059.10 on the BSE. The stock has risen by almost 10 per cent supported by largely positive quarterly numbers.

V-mart Retail Limited is a Public Company incorporated on 24 July 2002. It is classified as Indian Non-Government Company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 200,000,000. Its Income source is from Retail Sales through Stalls & Markets, Stores.