Retail Stocks Rally on Strong Q4 Updates
Shares of V-Mart Retail, Baazar Style, and V2 Retail surged up to 12% on April 2 after posting strong business performance updates for the January-March quarter of FY25. The positive sentiment in the sector also lifted other retail stocks like Vishal Mega Mart and DMart.
V-Mart, Baazar Style, and V2 Retail saw gains of up to 12% on strong Q4 performance.
The rally extended to other retailers, boosting Vishal Mega Mart and DMart shares.
Baazar Style Leads Gains with 12% Surge
Baazar Style emerged as the biggest gainer, with its shares jumping over 12% during the session. V-Mart Retail followed with an 8% increase, while V2 Retail gained 5%, hitting its upper circuit limit.
Baazar Style’s stock surged over 12%, leading the retail rally.
V-Mart Retail rose 8%, while V2 Retail climbed 5% to its upper circuit.
V-Mart Retail Q4 Updates
Revenue and Expansion
V-Mart Retail reported a 17% year-on-year (YoY) revenue growth in Q4FY25, reaching ₹780 crore. However, its digital marketplace, LimeRoad, saw a 47% drop in revenue.
V-Mart Retail’s Q4 revenue grew 17% YoY to ₹780 crore.
LimeRoad’s revenue declined by 47%, impacting the digital segment.
The company expanded its footprint by opening 13 new stores in Q4, located across multiple states including Uttar Pradesh, Bihar, Jharkhand, and West Bengal. However, four stores were closed during the quarter. Same-store sales growth (SSSG) stood at 8% for Q4 and 11% for FY25.
13 new stores were opened, while 4 were shut down.
SSSG stood at 8% for Q4 and 11% for the full financial year.
FY25 Performance
For the full FY25, V-Mart Retail posted a revenue of ₹3,254 crore, marking a 17% increase from ₹2,786 crore in FY24. The company added 62 stores and closed nine, bringing the total store count to 497 as of March 31, 2025.
V-Mart’s FY25 revenue reached ₹3,254 crore, up 17% YoY.
The company now operates 497 stores after adding 62 and closing 9.
Baazar Style Retail Q4 Updates
Revenue and Growth
Kolkata-based Baazar Style Retail reported a massive 55% YoY growth in Q4FY25 revenue, reaching ₹345.6 crore. For the full FY25, revenue increased by 38% to ₹1,343.8 crore from ₹972.7 crore in FY24.
Baazar Style’s Q4 revenue surged 55% YoY to ₹345.6 crore.
FY25 revenue climbed 38% YoY to ₹1,343.8 crore.
Store Expansion and Performance
Baazar Style continued its aggressive expansion, growing its total store count by 32% YoY to 214. Sales per square foot rose 19% YoY to ₹679 per month. The company opened 15 new stores in Q4, with SSSG at 20% for the quarter and 13% for FY25.
Baazar Style added 15 stores in Q4, bringing the total to 214.
Sales per square foot grew 19% YoY to ₹679 per month.
SSSG was 20% for Q4 and 13% for the full year.
V2 Retail Q4 Updates
Revenue and Store Growth
V2 Retail reported an impressive 69% YoY revenue growth in Q4FY25, reaching ₹499 crore. The company attributed the strong performance to higher product demand, better store experiences, and improved supply chain management.
V2 Retail’s Q4 revenue grew 69% YoY to ₹499 crore.
Stronger demand and improved store operations drove growth.
Same-store sales growth (SSSG) for V2 Retail stood at 24%, while sales per square foot (PSF) was ₹896. The company aggressively expanded in Q4, adding 29 new stores, taking the total store count to 189.
SSSG stood at 24%, reflecting strong demand.
Sales per square foot increased to ₹896.
29 new stores were opened in Q4, bringing the total to 189.
FY25 Expansion and Market Position
For the full FY25, V2 Retail opened 74 new stores while shutting down two. The company expanded its retail footprint to approximately 20.27 lakh square feet, primarily in Tier 2 and Tier 3 cities.
V2 Retail opened 74 stores in FY25, expanding to 20.27 lakh sq. ft.
The company sees continued growth in Tier 2 and Tier 3 markets.
Sectoral Impact: Retail Rally Lifts Peer Stocks
The strong performance of these retail giants had a ripple effect on the broader retail sector. Shares of Vishal Mega Mart climbed over 6%, while DMart gained nearly 2%, reflecting the overall optimism in the market.
Vishal Mega Mart shares gained over 6% amid retail sector optimism.
DMart shares rose nearly 2%, mirroring the sector-wide uptrend.
