V-Mart trims FY26 revenue growth view to 15–18% as festive demand disappoints

V-Mart Retail has cut its FY26 revenue growth guidance to 15–18%, walking back a more bullish festive-led outlook. Management cited weaker-than-expected festive sales and soft discretionary demand across its core value-retail markets, a caution flag for tier-2/3 apparel peers.

— Filed Thu, 14 May, 2026, 06:53 IST · Source CNBC-TV18 · Retail · Updated

V-Mart Retail trimmed its FY26 revenue growth guidance to 15-18%, down from an earlier festive-led outlook, citing weaker-than-expected festive sales and softer consumer demand in discretionary categories across its core value-retail markets.

Why this matters

V-Mart's downgrade breaks with its typically upbeat festive commentary and flags renewed pressure on small-town discretionary spend, a read-across risk for value-apparel peers.

Retail-company signals steady at 127 in the last 90 days.