Shares of V-Mart Retail soared by 12% in today’s trading session to hit an intraday high of ₹820.95, after the company reported strong Q2 earnings through an exchange filing.

As per the statement, total revenue from operations for the quarter stood at ₹807 Crores compared to ₹661 crore last year, recording a 22% growth on a year-on-year basis.

The company also reported a same store sales growth (SSSG) of 11% for the quarter. The Company has opened 25 new stores and closed 2 stores during the quarter, bringing its total store count to 533 as at September 30, 2025.

The 25 New stores include five stores in Karnataka, four stores each in Uttar Pradesh & Bihar, two stores each in West Bengal & Jharkhand, and one store each in Jammu & Kashmir, Odisha, Rajasthan, Telangana, Uttarakhand, Chhattisgarh, Andhra Pradesh and Meghalaya.

This growth comes after the retail company reported a revenue of ₹885 crore for Q1, registering a 13% year-on-year (YoY) growth. Ebitda for the said quarter rose by 27% YoY to ₹126 crore.

The company stated that it remains focused on its store expansion plan and opened 15 new stores and closed 2 underperforming stores during the quarter, taking the total number of stores pan-India to 510 across 27 states and union territories by the end of Q1FY2026.

At the time of reporting, V-Mart’s shares declined from the day’s high to trade at ₹786.50, still up by 8.23% from its previous closing. It had hit a 52-week high of ₹1,130 on October 31, 2024, and a 52-week low of ₹676.04 on March 17, 2025. Current market cap of the company stands at ₹6,264.04 crore.