StockWatch
·
Filing
Q3

V2 RETAIL LTD.

V2RETAILFY2524 Jan 2025
Revenue+55.5%
Net Profit+2745.6%
OPM3.92%

P&L

Quarterly Consolidated

Revenue
+55.5%590.94
Expenditure
+36.0%523.60
Net Profit
+2745.6%51.19
NPM 8.65%+1796.1%EPS ₹14.80+2742.9%

vs Q2 FY25

V2 Retail Limited Reports 117% Increase in Profit After Tax for Q3 FY25

24 Jan 2025 · 24 Jan 2025, 02:16 pm

Summary

V2 Retail Limited, one of India’s leading and fastest growing Value Retail Company, has announced its unaudited Financial Results for the quarter and nine months ended December 31, 2024. The company reported a significant increase in its financial performance, with the Profit After Tax (PAT) for Q3 FY25 standing at INR 51.2 crores, a 117% growth compared to Q3 FY24.

Key Highlights

  1. 1

    Revenue from operations stood at INR 590.9 crores, registering a growth of 58% on Y-O-Y basis.

  2. 2

    EBIDTA for Q3 FY25 stood at INR 111.5 crores, registering a growth of 83% on Y-O-Y basis.

  3. 3

    PAT for Q3 FY25 stood at record INR 51.2 crores, registering a growth of 117% on Y-O-Y basis.

  4. 4

    Gross Margin stood at 32.1% for Q3 FY25.

  5. 5

    EBIDTA margin stood at 18.9% for Q3 FY25.

  6. 6

    The Company operates 160 stores with a total retail area of ~17.22 lac Sq. Ft as on December 31, 2024.

  7. 7

    Industry leading Same Store Sales Growth of 31% in 9M FY25 despite higher base and subdued consumer sentiment.

  8. 8

    Robust volume growth of 43% in 9M FY25.

Management Comments

M

Mr. Ram Chandra Agarwal

We're thrilled to report a stellar overall performance for the first nine months of the financial year. The Company has been able to deliver industry leading performance despite higher base and overall subdued consumer sentiment. We believe, the outperformance is a testament to the success of our strategic initiatives, which have driven excellence in innovative product development; enhanced store experiences; exceptional customer satisfaction.

Informational and educational content only. Not investment advice.