New Delhi, Nov 11 (PTI) Value fashion and lifestyle products retailer V-Mart Retail has reported widening of its net loss to Rs 18.96 crore for the September quarter.

The company had posted a net loss of Rs 18.04 crore in the July-September period of the previous fiscal, V-Mart said in a regulatory filing.

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Total income dropped 39.58 per cent to Rs 190.52 crore during the period under review, as against Rs 315.33 crore in the corresponding period of the previous fiscal.

Total expenses stood at Rs 216.25 crore in Q2 FY21 as against Rs 338.21 crore earlier, down 36.06 per cent

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Shares of V-Mart Retail Ltd on Wednesday settled at Rs 1,965.40  on BSE, down 0.78 per cent from its previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)