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September 04, 2015 12:35 AM ET

Multiline Retail

Company Overview of V-Mart Retail Limited

Company Overview

V-Mart Retail Limited operates a chain of 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, fashion jewelry, books and stationery, toys and games, bags and luggage, and purses and clutches products, as well as home furnishings, kitchenware, crockery, and gifts and novelty products. The company’s stores also provide FMCG products, packaged food items, beauty and personal care products, home care products, and staples. It operates 110 stores in 92 cities across 12 states. The company was incorporated in 2002 and is based in Gurgaon, India.

Plot No. 862

Udyog Vihar Industrial Area

Phase-V

Gurgaon,  122016

India

Founded in 2002

Key Executives for V-Mart Retail Limited

Chairman, Managing Director, Chairman of Corporate Social Responsibility (CSR) Committee and Member of Shareholders/Investor Grievance Committee
Age: 45
Total Annual Compensation: $4.5M
Whole Time Director, Member of Shareholders/Investor Grievance Committee and Member of Corporate Social Responsibility (CSR) Committee
Age: 71
Total Annual Compensation: $1.5M
Compensation as of Fiscal Year 2014.

V-Mart Retail Limited Key Developments

V-Mart Retail Ltd Opens New Store Located at Gorakhpur, (U.P)

V-Mart Retail Ltd. has announced that the company has opened a new store located at Srishty Enclave, Padari Bazar, Opp. Police Chowki, Gorakhpur, (U.P). The store is spread in an area of 7,000 Sq. Ft. This is the 52nd store in the state of Uttar Pradesh across 40 cities. With this, the company have increased the tally of the state to 16 Composite & 36 Fashion Stores. This takes the total number of stores to 110 in 92 cities across 12 states with a total area of 0.9007 million Sq. Ft.

V-Mart Retail Limited Reports Un-Audited Standalone Earnings Results for the First Quarter Ended June 30, 2015

V-Mart Retail Limited reported un-audited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported total income from operations (net) of INR 2,046.615 million compared to INR 1,650.375 million, profit from operations before other income, finance costs and prior period items of INR 172.402 million compared to INR 132.117 million, net profit from ordinary activities before tax of INR 170.214 million compared to INR 133.955 million and net profit of INR 111.911 million or INR 6.21 per basic and diluted share compared to INR 90.297 million or INR 5.03 per basic and diluted share for the last year.

V-Mart Retail Limited to Report Q1, 2016 Results on Jul 30, 2015

V-Mart Retail Limited announced that they will report Q1, 2016 results on Jul 30, 2015

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