V-Mart targets ~20% festive sales growth as GST cut lifts mid-range demand
V-Mart expects roughly 20% festive sales growth, driven by store expansion, stronger like-for-like performance and GST changes that make above-₹1,000 fashion, footwear and FMCG more affordable for its tier-II/III value shoppers. The above-₹1,000 segment makes up 20-25% of value sales.
V-Mart targets ~20% festive sales growth, citing store expansion, better like-for-like performance and GST changes that make above-₹1,000 fashion, footwear and FMCG more affordable for its tier-II/III value shoppers.
Why this matters
Reinforces V-Mart's earlier guidance of 18-20% FY27 revenue growth and 100 new stores with a West Bengal push, as GST relief boosts its tier-II/III value-retail strategy.
Retail-company signals steady at 4,132 over the past 90 days.