V-Mart revenue jumps 23% to Rs 1,089 cr as SSSG rebounds to 9%

V-Mart Retail posted 23% YoY revenue growth to Rs 1,089 crore with same-store sales growth accelerating to 9% from 1%, adding a net 14 stores. Sai Silks (Kalamandir) revenue slipped 1% to Rs 375 crore even as it expanded 30,000 sq ft across two new Karnataka stores.

— Filed Thu, 2 Jul, 2026, 07:54 IST · Source Business Today · Latest · Updated

V-Mart Retail posted 23% revenue growth to Rs 1,089 crore with SSSG improving to 9%, opening 15 stores. Sai Silks (Kalamandir) revenue dipped 1% to Rs 375 crore while adding two Karnataka stores.

Why this matters

V-Mart's 23% revenue growth builds on its Q1 FY27 momentum, when it outpaced peers even as V2 Retail surged 58%. The SSSG rebound to 9% signals recovering value-retail demand across earlier reporting cycles.

Retail-company signals are accelerating, up 490400% QoQ.