StockWatch
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Speciality Retail
Quarterly Updates1 Jul 2026, 04:50 pm

V2 Retail Q1 FY27 Revenue Surges 58% YoY to ₹997 Cr

AI Summary

V2 Retail Ltd reported a strong first quarter for FY27, with standalone revenue reaching ₹997 Cr, a significant 58% year-on-year increase from ₹630 Cr in Q1 FY26. This growth was achieved on an elevated base, demonstrating the scalability of its value-fashion business model. The company also delivered a robust 7.5% Same-Store Sales Growth (SSSG), driven by data-driven assortment and merchandise planning. Monthly Sales per Square Foot (PSF) improved to ₹886, reflecting enhanced store productivity. V2 Retail expanded its network by opening 57 new stores, increasing its footprint to approximately 40.7 lakh sq. ft. across 381 stores, with a focus on Tier 2 and Tier 3 markets. The company is well-positioned to capitalize on the growing value-fashion market.

Key Highlights

  • Standalone revenue grew 58% YoY to ₹997 Cr in Q1 FY27.
  • Achieved 7.5% Same-Store Sales Growth (SSSG) driven by strategy.
  • Opened 57 new stores, expanding footprint to 381 stores.
  • Monthly Sales per Square Foot (PSF) reached ₹886.
  • Focus on Tier 2 and Tier 3 markets for expansion.