Comments
Value fashion and lifestyle products retailer V-Mart Retail Limited has reported narrowing of its net loss to ₹28.71 crore for the first quarter ended in June 2021.
The company had posted a net loss of ₹33.63 crore in the April-June quarter of the last fiscal, V-Mart said in a regulatory filing.
Its revenue from operations was up over two-folds to ₹177.41 crore during the period under review as against ₹78.06 crore in the corresponding period of the previous fiscal.
V-Mart total expenses were at ₹220.42 crore, up 76.60 per cent in the first quarter of FY’20, against ₹124.81 crore, down 36.06 per cent.
Shares of V-Mart Retail Limited on Tuesday settled at ₹3,631.45 on BSE, down 1.05 per cent from the previous close.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.