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
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% |
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