Latest News | V-Mart Retail Q1 Net Loss at Rs 28.71 Cr
Get latest articles and stories on Latest News at LatestLY. Value fashion and lifestyle products retailer V-Mart Retail Ltd has reported narrowing of its net loss to Rs 28.71 crore for the first quarter ended in June 2021.
New Delhi, Aug 10 (PTI) Value fashion and lifestyle products retailer V-Mart Retail Ltd has reported narrowing of its net loss to Rs 28.71 crore for the first quarter ended in June 2021.
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The company had posted a net loss of Rs 33.63 crore in the April-June quarter last fiscal, V-Mart said in a regulatory filing.
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Its revenue from operations was up over two-folds to Rs 177.41 crore during the period under review as against Rs 78.06 crore in the corresponding period of the previous fiscal.
V-Mart total expenses were at Rs 220.42 crore, up 76.60 per cent in Q1/FY 2020-21, as against Rs 124.81 crore, down 36.06 per cent.
Shares of V-Mart Retail Ltd on Tuesday settled at Rs 3,631.45 on BSE, down 1.05 per cent from the 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)