V-Mart, affordable apparel and lifestyle product retail chain, expects to cross ₹1,000-crore turnover in the ongoing fiscal on account of an estimated 25-30 per cent rise in sales.
V-Mart, which primarily operates in tier-II and tier-III cities with the chain of “Value Retail” departmental stores, would continue to add more stores in its existing markets, the company said in a statement.
“We are planning to open more stores all over India and will cross ₹1,000-crore turnover in this financial year,” its Chairman and Managing Director Lalit Agarwal said. In FY 2015-16, the company had reported a revenue of ₹809.38 crore.