V-Mart Retail Limited at its board meeting held on May 16, 2013 recommended a dividend of INR 1 per share on pro-rata basis subject to the approval of shareholders at the Annual General Meeting of the company.

V-Mart Retail Limited reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported net sales of INR 949.568 million, profit from operations before other income, finance cost and prior period items of INR 23.303 million, net profit before tax of INR 16.009 million and net profit of INR 11.463 million or INR 0.69 per basic and diluted share compared to net sales of INR 724.003 million, profit from operations before other income, finance cost and prior period items of INR 39.097 million, net profit before tax of INR 19.981 million and net profit of INR 11.859 million or INR 0.85 per basic and diluted share reported in the same period last year. For the year, the company reported net sales of INR 3,830.795 million, profit from operations before other income, finance cost and prior period items of INR 315.279 million, net profit before tax of INR 266.076 million and net profit of INR 180.045 million or INR 12.34 per basic and diluted share compared to net sales of INR 2,810.065 million, profit from operations before other income, finance cost and prior period items of INR 223.926 million, net profit before tax of INR 157.394 million and net profit of INR 104.551 million or INR 7.50 per basic and diluted share reported in the same period last year.

V-Mart Retail Limited announced that they will report fiscal year 2013 results on May 16, 2013