V-Mart Retail Ltd - 534976 - Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
V-Mart Retail Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here V-MART RETAIL LTD. - 534976 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Pursuant to Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, please find enclosed herewith the consolidated voting results of the 19th Annual General Meeting of the Company held on Wednesday i.e. 25th August, 2021 along with Scrutinizer''s Report. V-Mart Retail Ltd - 534976 - Shareholder Meeting / Postal Ballot-Outcome of AGM
Pursuant to Regulation 30 read with Schedule-Ill of the SEBI (Listing Obligations and Disclosure requirements)Regulations, 2015, please find enclosed herewith the proceedings of the 19th Annual General Meeting of the Company held on Wednesday, 25th August, 2021 at 10:00 A.M.(IST) through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") in accordance with the circular(s) issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. V-MART RETAIL LTD. - 534976 - Statement Of NIL Deviation Or Variation For The Quarter Ended 30Th June, 2021 For Utilization QIP Proceeds
Pursuant to the Regulation 32(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please note that there is no deviation/ variation in the utilization of proceeds as mentioned in the objects stated in the placement document of Qualified Institutional Placement. In terms of SEBI Circular No. CIR/CFD/CMDl/162/2019 dated December 24, 2019, enclosed find herewith the Statement of NIL deviation(s) or variation(s) for the quarter ended 30th June, 2021. V-MART RETAIL LTD. - 534976 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
With reference to our letter dated August 10, 2021 (Ref. No. CS/S/L-514/2021-22) intimating you about the conference call with Analysts and Investors held on August 11, 2021, the recording/transcript of the same has been uploaded on our website www.vmart.co.in. V-Mart Retail Ltd - 534976 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Please find enclosed herewith the copy of the newspaper publication of the Unaudited Financial Results of the Company for the first quarter ended 30th June, 2021 as published in terms of the Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, on Wednesday 11th August, 2021 in "Financial Express"- English and "Jansatta" - Hindi newspapers. Q1FY22 Result Announced for V Mart Retail Ltd.
V-Mart Reported Revenue of Rs. 181.9 Crs in Q1’FY22, 129% Growth vs Q1’FY21 The company's revenue rose 129.0%, while the EBITDA loss reduced by INR 3.8 cr to INR 2.0 cr, YoY. The quarter was affected by the unprecedented second wave of the pandemic resulting in lockdowns in almost all cities where the company has operations, leading to a loss of 51% operating days. Stores in the Eastern regions performed relatively better due to availability of higher number of operational days, while stores in UP continued to outscore other geographies reflecting the inherent strength of the company in India’s largest populated state. EBITDA and PAT for the quarter stood at INR -2.0 Cr and INR -28.7 Cr, respectively underscoring the disproportionate negative impact of Covid-19, as most of the Company’s costs remain fixed and the store operations resumed as and when local permissions allowed operations, thereby ruling out any large scale cost reductions for extended periods, unlike last year. Prudent inventory control measures led to 15% reduction YoY and also a 15% reduction from last quarter. The company opened 3 new stores during the quarter, while keeping intact largely the full year new store roll out strategy, despite the Covid induced challenges. The footfalls during the quarter increased by 115% while the Average Selling Price for fashion increased by 19% and the Average Bill Size also increased by 3%, YoY, showing the strong trust of customers in the offerings and the positive impact of Covid hygiene measures implemented across the stores. The company continues to be vigilant on cash conservation and maintains comfortable liquidity while actively working on implementation of expansion strategy around new stores, online retail, digital transformation and also supply chain infrastructure development, parallelly. Mr. Lalit Agarwal, VMart’s CMD, commented, “It was a tough quarter and we went all-out during this challenging time by extending all sorts of help to employees' well being - physically, mentally and emotionally. At community level, we also helped set up Covid Care facilities in Gurgaon.” “The quick pick-up in consumer demand is a testimony to the customers trust in the V-Mart brand, as well as the deep-rooted relationships at local level communities.“ “We undertook a campaign in May to ensure all V-Martians get vaccinated at the earliest. I’m happy to say that well over 90% of our workforce is now vaccinated, at least once. With a larger number of people getting vaccinated overall, consumer sentiment is already leading back to normal. I foresee business bouncing back stronger in the coming months.” Result PDF V-Mart Retail Ltd - 534976 - Announcement under Regulation 30 (LODR)-Investor Presentation
Please find enclosed herewith the presentation being forwarded to Analysts/Investors on unaudited financial results of the Company for the first quarter ended 30t June, 2021. The above presentation is also available on the company''s website: http://www.vmart.co.in. V-Mart Retail Ltd - 534976 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith press release on the financial results of the Company for the first quarter ended on 30th June, 2021. V-MART RETAIL LTD. - 534976 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, we wish to inform you that the Company will organize a conference call for investors and analysts on Wednesday, 11th August, 2021 at 4:00 P.M. to discuss the corporate performance during Q1 FY22. The detailed schedule of the conference call is attached herewith for your information.