Vmart Retail Q4 Results Live : loss rise by 5.3% YOY

Vmart Retail Q4 Results Live : Revenue increased by 12.58% YoY & loss increased by 5.3% YoY

First Published16 May 2024

Vmart Retail Q4 Results Live : Vmart Retail announced their Q4 results on 14 May, 2024, revealing a 12.58% increase in revenue compared to the same quarter last year.

However, the company also reported a 5.3% rise in losses year-over-year.

Quarterly comparisons showed a significant decline in revenue by 24.8% and a substantial increase in losses by 237.87% as compared to the previous quarter.

The Selling, general & administrative expenses saw a 13.13% decrease quarter-over-quarter and a 1.47% decrease year-over-year.

Operating income was down by 133.4% sequentially but increased by 19.51% year-over-year.

The earnings per share (EPS) for Q4 were reported at ₹-19.68, reflecting a 5.3% decrease year-over-year.

Vmart Retail's stock performance in the last 1 week, last 6 months, and year-to-date (YTD) period stood at 3.41%, 27.75%, and 8.38% return respectively.

The company currently boasts a market capitalization of ₹4296.87 Cr with a 52-week high/low of ₹2444.95 & ₹1595 respectively.

Out of 16 analysts covering the company as of 16 May, 2024, 1 analyst recommended a Strong Sell, 7 analysts recommended Hold, 5 analysts recommended Buy, and 3 analysts recommended Strong Buy.

The consensus recommendation as of 16 May, 2024, was to Buy Vmart Retail's stock.

Vmart Retail Financials

Period	Q4	Q3	Q-o-Q Growth	Q4	Y-o-Y Growth
Total Revenue	668.6	889.05	-24.8%	593.91	+12.58%
Selling/ General/ Admin Expenses Total	67.02	77.15	-13.13%	68.02	-1.47%
Depreciation/ Amortization	60.74	58.29	+4.2%	48.41	+25.47%
Total Operating Expense	689.11	827.65	-16.74%	619.39	+11.26%
Operating Income	-20.51	61.4	-133.4%	-25.48	+19.51%
Net Income Before Taxes	-51.99	36.88	-240.97%	-51.58	-0.8%
Net Income	-38.92	28.23	-237.87%	-36.96	-5.3%
Diluted Normalized EPS	-19.68	14.2	-238.58%	-18.69	-5.3%