February 21, 2017 12:47 AM ET

Multiline Retail

Company Overview of V-Mart Retail Limited

Company Overview

V-Mart Retail Limited operates a chain of Value Retail departmental stores in India. Its stores offer apparel for men, women, boys, girls, and toddlers, as well as accessories; and general merchandise products, such as footwear, home furnishings, kitchenware, toys and games, bags and luggage, and crockery products. The company’s stores also provide FMCG products, packaged food items, beauty and personal care products, home care products, and staples. As of October 28, 2016, it operated 136 stores, which include 32 composite stores and 104 fashion stores across 116 cities in 14 states with a total area of approximately 11.48 lakhs sq. ft. The company was founded in 2002 and is based in Gurgao...

Plot No. 862

Udyog Vihar

Industrial Area

Phase-V

Gurgaon,  122016

India

Founded in 2002

4,254 Employees

Phone:

91 24 464 0030

Fax:

91 24 464 0046

Key Executives for V-Mart Retail Limited

Chairman and Managing Director
Age: 46
Total Annual Compensation: 6.2M
Chief Financial Officer
Age: 49
Total Annual Compensation: 3.3M
Whole Time Director, Member of Stakeholders' Relationship Committee and Member of Corporate Social Responsibility (CSR) Committee
Age: 72
Total Annual Compensation: 2.1M
Compensation as of Fiscal Year 2016.

V-Mart Retail Limited Key Developments

V-Mart Retail Limited, Q3 2017 Earnings Call, Feb 02, 2017

V-Mart Retail Limited, Q3 2017 Earnings Call, Feb 02, 2017

V-Mart Retail Limited Reports Unaudited Standalone Earnings Results for Third Quarter and Nine Months Ended December 31, 2016

V-Mart Retail Limited reported unaudited standalone earnings results for third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 3,264.889 million compared to INR 2,649.183 million a year ago. Profit from operations before other income and finance costs was INR 426.053 million compared to INR 240.502 million a year ago. Profit from ordinary activities before tax was INR 417.226 million compared to INR 229.637 million a year ago. Net profit for the period was INR 272.060 million compared to INR 150.121 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 15.06 compared to INR 8.31 a year ago. EBITDA increased by 61.5% to INR 483.0 million. For the nine months, the company reported net sales/income from operations of INR 7,490.257 million compared to INR 6,306.616 million a year ago. Profit from operations before other income and finance costs was INR 529.687 million compared to INR 426.920 million a year ago. Profit from ordinary activities before tax was INR 526.262 million compared to INR 412.900 million a year ago. Net profit for the period was INR 345.319 million compared to INR 271.493 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 19.11 compared to INR 15.05 a year ago. EBITDA increased by 21.90% to INR 692.5 million.

V-Mart Retail Limited Appoints Megha Tandon as Company Secretary and Compliance Officer, Effective January 30, 2017

V-Mart Retail Limited announced that Ms. Megha Tandon has been appointed as Company Secretary & Compliance Officer of the company with effect from January 30, 2017.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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