V-Mart Retail’s FY21 Q4 income increases to Rs 356 crore
The FY21, Q4 income of India's leading retail store chain V Mart Retail increased to Rs 356 crore compared to Rs 333 crore in the corresponding period of prior fiscal. The company’s EBITDA during Q4 FY21 increased to Rs 34 crore from Rs 28 crore in the corresponding quarter of the previous fiscal.
Sales reached 110 per cent of the corresponding sales for the same quarter of FY20-21. It also managed to recover footfalls by over 80 per cent for the quarter as a whole. The company is currently concentrating on streetwear, sweatshirts, hoodies and ladies dresses categories, informs Lalit Agarwal, Chairman and Managing Director.
During the quarter, the company continued to focus on digitization and strengthening across the front-end and back-end operations with agility, prudence and customer centricity. It aims to create an innovative and compelling shopping experience for its customers by improving its website and mobile app interface.
