
Quarterly Result29 May 2026, 12:53 am
V2 Retail FY26 Audited Results Approved; Unmodified Opinion
AI Summary
V2 Retail Limited's Board of Directors approved the Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. The results were accompanied by an unmodified audit opinion from Singhi & Co., Chartered Accountants, the Statutory Auditors. The Board Meeting, which commenced at 4:30 p.m. and concluded at 6:10 p.m., also noted an emphasis of matter regarding an advance of ₹1,288.25 Lakhs to Bennett, Coleman and Co. Limited (BCCL). This advance, outstanding since April 2019, is considered fully recoverable by management due to an extended contract with BCCL until July 7, 2026, for future advertisement services.
Key Highlights
- Board approved Audited Standalone and Consolidated Financial Results for FY26.
- Statutory Auditors, Singhi & Co., issued an unmodified audit opinion.
- An advance of ₹1,288.25 Lakhs to BCCL is considered fully recoverable.
- Recoverability is based on contract extension with BCCL until July 2026.
Price Impact
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