fashion store footprint, V-Mart Retail Limited posted strong earning numbers
for the Q3FY19 with profit mounting 14% to Rs 42 crore buoyed by strong festive
sales during Oct-Dec 2018.
fashion company had reported a net profit of Rs 37 crore, a year before. Revenue
from operations arrived at Rs.467.55 crore for the quarter ended Dec 2018 as
against Rs. 368.93 for the matching quarter last year up 26.73% YoY. Earning-per-share
or EPS were Rs22.99 for the quarter
ended Dec 31, 2018 as against with an EPS of Rs20.21, on yoy.
stock reacted positively with this result achievement. On Wednesday during
first afternoon hours of trade, the stock of V-Mart Retail was
trading at Rs. 2,724.90 per share and made an intraday high of Rs 2,734.60 and an
intraday low of Rs 2,700 on the NSE.
Retail opened 10 new stores during the quarter and has more openings planned in
the last quarter this financial year. Its domain verticals include apparel,
general merchandise and kirana bazaar.