V-Mart holds FY27 growth outlook as Q1 demand and footfall stay strong
V-Mart Retail retained its FY27 revenue-growth guidance of 15%–20% and mid-to-high single-digit same-store sales growth after Q1 revenue rose about 23% year on year. The value retailer reported 40% footfall growth and is targeting lower inventory days despite uneven-monsoon risk.
V-Mart Retail retained FY27 revenue-growth guidance of 15%-20% and mid-to-high single-digit same-store sales growth after a strong June quarter. It reported resilient demand across regions, while targeting lower inventory days through improved replenishment despite uncertainty over uneven monsoon rainfall.
Why this matters
The outlook follows V-Mart's inline Q1 results, after Systematix raised its target citing store growth. The company had also been listed among firms scheduled to report Q1 2024 and Q1FY25 earnings.
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