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Trend Analysis
Key Data
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Profile
V-Mart Retail Ltd is an Indian multinational company founded in 2002 as a value fashion retailer. Over the years, the company has expanded its presence and offerings, operating over 200 stores across India, offering a range of clothing and household goods at affordable prices.
In terms of financial performance, V-Mart reported revenue of ?4,869 crore for the fiscal year 2020-2021 and a profit of ?117 crore for the same period. The company's product mix is primarily focused on fashion apparel, with a smaller contribution from household goods and accessories.
In recent years, V-Mart has seen strong growth, driven by the increasing demand for affordable fashion and household goods in India. The company has been expanding its footprint across the country, opening new stores in key growth markets and investing in technology to enhance its customer experience.
In terms of industry analysis, V-Mart operates in the highly competitive retail market in India, with major players including Reliance Retail, Future Retail, and Amazon India. These companies are direct competitors of V-Mart in the market, offering similar products and services to consumers.
Looking to the future, the major growth drivers for V-Mart are expected to be the continued growth of the retail market in India, increasing demand for affordable fashion and household goods, and the company's ongoing expansion and investment in technology.
Trading and Investment Terminology