Quarterly Result2 Jul 2025, 04:50 pm
V2 Retail Ltd Reports 51% YoY Revenue Growth in Q1 FY26, Expands Retail Area to 23.48 Lakh Sq. Ft
AI Summary
V2 Retail Ltd has reported a standalone revenue of ₹ 628 crores in Q1 FY26, marking a 51% YoY growth from ₹ 415 crores in Q1 FY25. The company added 28 new stores and closed one underperforming location, taking the total store count to 216 and expanding the retail area to 23.48 lakh sq. ft. The sales per square foot stood at ₹ 3957, demonstrating strong productivity. The company's growth was driven by its product-first strategy, improved sell-throughs, and deeper market penetration.
Key Highlights
- Standalone revenue at ₹ 628 crores, up 51% YoY
- 28 new stores added, one closed
- Retail area expanded to 23.48 lakh sq. ft
- Sales per square foot at ₹ 3957
- Growth driven by product-first strategy, improved sell-throughs, and deeper market penetration