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Lalit Agarwal

V-Mart’s Sales Grow by 63% in Q3, FY14

V-Mart Retail has announced its unaudited financial results for the quarter ended December 31, 2013, reporting a growth in profit after tax (PAT) of 37 percent year-on-year. In the quarter, the company’s sales grew by 63 percent and EBIDTA...

Lalit Agarwal, CMD, V Mart Retail

-------------------------------------------------------------------------------------------------- First job: Partner, Vishwa Printers, Mumbai Enduring memory from early career days: Hard labour, dirtied my hands in printing press, developing packaging products for pharma and consumer industry If not a retailer, what would you be: Would be running a chain...

V-Mart to invest Rs. 100 crore on expansion by FY13

V-Mart Retail, India’s leading retail company, has announced aggressive retail expansion plans and is set to open 40 new outlets in Bihar, Western UP, MP and Rajasthan with the investment of Rs. 100 crores by FY13.V-Mart stores offer an...

Modernisation of front-end is need of the hour

For the Indian retail sector to reach its true potential, modernisation of front-end is an important requirement.This was stated by Vikram Bakshi, MD, McDonald's (North & East), at the recently held India Retail Summit, which was organised by Birla...

The New Metros

More and more apparel brands are moving in the hinterlands in search of bigger markets. It is celebration time for brands as they find non-urban consumers with tastes similar to their metro counterparts. Priyanka Saha finds out, what the...

V Mart to focus on tier II, III cities

V Mart Retail Ltd, value retailer, has plans to expand agressively across tier II and tier III cities. "V Mart is all set to open 25 more stores in FY 2010-11, out of which eight stores will be open...

V Mart to take its own time to launch stores

Delhi-based retail chain V Mart is treading cautiously on its expansion plans. V Mart does not want to rush with the opening of new stores.The company plans to open eight new stores by the end of this financial year...

“Western models cannot succeed in India…”

He is no more in the army of Vishal Retail. However, he continues to claim the venture as his brainchild. He says he entered the arena at the age of 10 when his father, owner...

V Mart launches hypermarket format store at Ambala, Haryana

Lalit Agarwal-led value retailer V Mart Retail has launched its hypermarket format store at Ambala in Haryana. This is company’s 11th store in the state.Spread across 10,000 square feet, the newly launched store retails products including FMCG, apparels in...

V-Mart plans to double its stores by 2010

Retail major V-Mart is planning to double the number of its store in the next two years. The plan that will invite an investment of Rs 250 million is in order to increase the turnover of the company by...
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