V-Mart Retail has reported a turnaround in its financial performance for the quarter ended March 2025, swinging to a net profit from a loss in the same period last year. The company also announced a bonus share issue, signalling a focus on rewarding shareholders while retaining capital for future expansion.
For the fourth quarter of the fiscal year 2024-25, V-Mart Retail posted a net profit of ₹19 crore. This stands in contrast to the corresponding quarter of the previous year, when the company recorded a loss of ₹39 crore. Operational efficiency also saw improvement, with EBITDA increasing to ₹68 crore in Q4 FY25, up from ₹40 crore in Q4 FY24. The company's revenue also saw a notable rise, coming in at ₹780 crore for the March 2025 quarter, representing a 17% increase compared to the ₹669 crore reported in the year-ago quarter.
V-Mart Retail's Board of Directors approved a bonus share issue in the ratio of 3:1. This means that for every one existing fully paid-up equity share of ₹10 each, eligible shareholders will receive three new fully paid-up equity shares of ₹10 each. The bonus issue is subject to approval from the company's members.
The company will announce the record date for bonus share eligibility at a later time. Shareholders must hold shares at least one day prior to qualify. The Board has not recommended a dividend for FY25, choosing instead to retain earnings to support future growth plans.
Following the announcement of the results and the bonus issue, V-Mart Retail shares responded positively, but the shares closed at ₹3,216 declining 1.54%.
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