V-Mart Retail shares slip 6% despite strong Q4 results, bonus issue announcement
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Shares of V-Mart Retail fell as much as 6.2% on Monday to Rs 3,161.15 on the BSE, even as the company reported a turnaround in its financial performance for the March 2025 quarter and announced a 3:1 bonus share issue. For the quarter ended March 2025, the value fashion retailer posted a net profit of Rs 19 crore, a sharp reversal from a loss of Rs 39 crore in the same quarter a year earlier. Revenue for Q4FY25 rose 17% year-on-year to Rs 780 crore, up from Rs 669 crore in the March 2024 quarter. Operational performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising to Rs 68 crore in the fourth quarter of FY25 from Rs 40 crore a year ago. Meanwhile, the company’s board of directors approved a bonus share issue in the ratio of 3:1. For every one existing fully paid-up equity share of Rs 10 each, shareholders will receive three additional shares of the same face value. The bonus issue is sub...