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Tuesday | Nov 03 2026 |（https://www.businessworld.in/recent-news?publish_date=2026-11-03）
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BW Communities
V-Mart Retail Q2 Net Loss Widens To Rs 16 Cr, Revenue Rises 18%
BW Online Bureau
Nov 03, 2026
# V-Mart Retail（https://www.businessworld.in/tag/v-mart-retail）
The retailer's Ebitda increased 20.3 per cent year-on-year to Rs 86.1 crore, while its margin improved marginally to 9 per cent
V-Mart Retail reported a consolidated net loss of Rs 16 crore in the second quarter of FY27, compared with a loss of Rs 8.87 crore in the corresponding period last year, as the retailer continued to report revenue growth.
The company's revenue from operations rose 18.1 per cent year-on-year (YoY) to Rs 953 crore in the July-September quarter, against Rs 807 crore a year earlier.
Earnings before interest, tax, depreciation and amortisation (Ebitda) increased 20.3 per cent to Rs 86.1 crore from Rs 71.6 crore in the year-ago quarter. The Ebitda margin stood at 9 per cent, marginally higher than 8.9 per cent in the corresponding period last year.
V-Mart's total income, including other income, grew 17.9 per cent YoY to Rs 955.67 crore during the quarter. For the first half of FY27 (April-September), total income stood at Rs 2,047.13 crore, registering a 20.52 per cent increase over the corresponding period last year.
Separately, the company's board approved the appointment of Varin Agarwal as Head of Merchandising, effective November 3, 2026. Following the appointment, Agarwal will be classified as Senior Management Personnel. The decision was taken on the recommendation of the Nomination and Remuneration Committee.