Quarterly Result29 May 2026, 12:18 am
V2 Retail Board Approves Audited FY26 Standalone & Consolidated Results
AI Summary
V2 Retail Limited's Board of Directors has approved the Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. The results, along with an unmodified audit opinion from Singhi & Co., Chartered Accountants, have been submitted to the stock exchanges. The audit report includes an emphasis of matter regarding an advance of ₹12.88 Crores outstanding since April 2019, which is considered recoverable based on an extended contract with Bennett, Coleman and Co. Limited until July 2026. The Board meeting commenced at 4:30 p.m. and concluded at 6:10 p.m.
Key Highlights
- Audited Standalone and Consolidated Financial Results for FY26 approved.
- Unmodified audit opinion issued by Statutory Auditors, Singhi & Co.
- Results include subsidiary V2 Smart Manufacturing Private Limited.
- Emphasis on ₹12.88 Cr advance considered recoverable due to contract extension.
Price Impact
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