V-Mart Retail Reports ₹16 Cr Q2 Loss, EBITDA Jumps 20% on Sales Boost

V-Mart Retail Limited has announced its financial outcomes for the second quarter of FY27. The value fashion and lifestyle retailer posted a consolidated net loss of ₹16 crore for the period ending in September 2026. This represents a step up from the ₹8.87 crore net loss posted during the same timeframe in the previous fiscal year.

Despite the expansion in losses, the firm achieved notable top-line momentum. Operating revenues expanded by 18.1 percent annually to reach ₹953 crore, contrasting with ₹807 crore in the previous year’s quarter.

Management also highlighted improvements in core operational metrics. EBITDA climbed by 20.3 percent to ₹86.1 crore, up from ₹71.6 crore a year ago. The corresponding EBITDA margin edged up to 9 percent from 8.9 percent.

Total quarterly income, inclusive of other earnings, reached ₹955.67 crore, demonstrating a 17.9 percent year-on-year growth. Across the first half of FY27, the company’s combined income rose by 20.52 percent to ₹2,047.13 crore.

Revenue distribution showcased strength in multiple channels. The offline retail business brought in ₹94.71 crore, while the digital marketplace segment accounted for ₹142.8 crore.

In a key personnel move, the board approved Varin Agrawal’s appointment as Head of Merchandising, effective November 3, 2026. The Nomination and Remuneration Committee recommended the hire, which also grants Agrawal a seat on the senior management committee.

Equity markets reflected stability in the stock’s performance. V-Mart Retail’s shares closed at ₹737.40 on the BSE, reflecting a minor appreciation of ₹0.40, or 0.05 percent, over the prior session.