The company said the festive period shifted from Q2 to Q3 due to a 19-day change in the festive calendar. Navratri commenced on 11 October 2026 this year, compared with 22 September 2025 last year.

For the six months ended September 2026, revenue from operations rose 21% year on year to Rs 2,042 crore from Rs 1,692 crore in the corresponding period of the previous year. SSSG for the six-month period stood at 6%, with V-Mart at 5% and Unlimited at 12%.

During the quarter, the company opened 23 stores and closed one store, taking its total operating portfolio to 613 stores as of the end of Q2 FY27.

Of the 23 new stores, seven were opened in Uttar Pradesh, three each in Bihar and Madhya Pradesh, two each in Punjab and Tamil Nadu, and one each in Andhra Pradesh, Goa, Gujarat, Haryana, Rajasthan and West Bengal.

V-Mart Retail operates a chain of value retail stores across multiple Indian cities. The company’s standalone net profit jumped 40.51% to Rs 47.21 crore on 23% rise in revenue from operations to Rs 1088.81 crore in Q1 FY27 over Q1 FY26.

The counter shed 0.83% to end at Rs 746.55 on the BSE.