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25-May2018

V-Mart Retail reports over 2-fold jump in Q4 net profit

V-Mart Retail has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported over 2-fold jump in its net profit at Rs 15.91 crore for the quarter ended March 31, 2018 as compared to Rs 6.44 crore for the same quarter in the previous year. Total income of the company increased by 17.94% at Rs 298.59 crore for quarter under review as compared to Rs 253.18 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 76.99% in its net profit at Rs 77.70 crore as compared to Rs 43.90 crore for the previous year. Total income of company increased by 21.94% at Rs 1,226.51 crore for the year under review as compared to Rs 1,005.87 crore for the year ended March 31, 2017.


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