V-Mart Retail Q1 Results: Profit surges 40% to Rs 47 crore

V-Mart Retail has reported an impressive 40.5% increase in net profit for the June quarter, reaching Rs 47.21 crore, up from Rs 33.60 crore. Revenue from operations surged by 23% to Rs 1,088.81 crore, while total expenses grew by 22% to Rs 1,031.94 crore. The company has also broadened its horizons by launching 15 new store outlets, reflecting its expansive growth strategy.