NSEPress Release11 Aug 2026 · 11 Aug 2026, 05:27 pm
Press Release
V-Mart Retail Limited · VMART
✦ AI Summary▲ PositiveExpansion
V-Mart Retail Limited has announced the launch of its 600th store, marking a significant operational milestone. The company has added 100 stores over the last year and continues to expand its footprint across India, with a focus on Tier II, III, and emerging towns.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment9/10
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Full Announcement
V-Mart Retail Limited has informed the Exchange regarding a press release dated August 11, 2026, titled "V-Mart Retail launches Its 600th Store".
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Ref. No. CS/S/L-1003/2026-27 11th August, 2026
To: To:
The Listing Department The Corporate Relationship Department
NATIONAL STOCK EXCHANGE OF INDIA LIMITED THE BSE LTD
“Exchange Plaza” Phiroze Jeejeebhoy Towers,
Bandra-Kurla Complex Dalal Street, Mumbai – 400 001
Bandra (E ), Mumbai – 400 051 Scrip Code: 534976
Scrip Code: VMART Fax: 022-22723121
Fax: 022-26598120 Email: corp.relations@bseindia.com
Email: cmlist@nse.co.in
Sub: Press Release on the launch of 600th store of V-Mart Retail Limited
Dear Sir/Madam,
Please find enclosed a press release on the launch of 600th store of the Company.
We request you to kindly take the above information on record.
Thanking You,
Yours Truly
For V-Mart Retail Limited
Megha Tandon
Company Secretary and Compliance Officer
Encl: as above
PRESS RELEASE
V-Mart Retail launches Its 600th Store
V-Mart Retail Limited, India’s leading value fashion retailer, today announced a significant
operational milestone with the inauguration of its 600th store. Underpinned by a commitment
to disciplined, sustainable, and profitable growth, the Company has added 100 stores over
the last one year, systematically expanding its footprint across Bharat.
The Company's prudent expansion model continues to demonstrate strong momentum in the
current financial year (FY27), with 24 new stores already opened year-to-date. This
measured market expansion approach reflects V-Mart’s sharpening operational excellence
and strong store-level unit economics, and an unwavering commitment to bringing high-
quality, affordable fashion to aspirational families across Bharat
All the new stores opened continue to deliver encouraging customer traction and revenue
density, validating the brand’s deep market fit in Tier II, III, and emerging towns.
V-Mart now spans 338+ cities across 29 states and Union Territories, maintaining an average
store size of 8,000 sq. ft. and operating over 5 million+ sq. ft. of total retail space nationwide.
"Crossing the 600-store mark is a landmark moment in our journey, reflecting the trust and
love of millions of families across Bharat. From our inception, our mission has been simple: to
democratize fashion for the middle class in Tier II, III, and emerging towns. This milestone is
a testament to the dedication of our entire team and our sharp focus on operational excellence
and customer satisfaction as we continue to scale pan-India."
— Lalit Agarwal, Founder & Managing Director, V-Mart Retail Limited
About V-Mart Retail Limited
Founded in 2002, V-Mart Retail Limited is India’s pioneer in organized value fashion, dedicated
to bringing high-quality, affordable apparel and accessories to the rapidly expanding middle
class. As a leading value fashion retailer, the Company operates an extensive omni-retail store
chain designed to meet the evolving aspirations of the modern Indian family, with a deep-
rooted focus on Tier II and III cities. Beyond its physical footprint, V-Mart also serves customers
through its digital platform, www.limeroad.com, and is available on other leading
marketplaces.