V2 RETAIL LTD.
P&L
Quarterly Consolidated
vs Q1 FY26
V2 Retail Ltd Reports 86% Revenue Growth in Q2 FY26, Net Profit Surges 990% YoY
14 Nov 2025 · 14 Nov 2025, 09:42 pm
Summary
V2 Retail Ltd, one of India’s leading and fastest growing Value Retail Company, has announced its Financial Results for the quarter and half year ended September 30, 2025. The company reported a revenue growth of 86% YoY, EBIDTA growth of 158% YoY, and a net profit surge of 990% YoY. The company operates 259 stores across 23 states and more than 195 cities.
Key Highlights
- 1
Revenue from operations stood at ₹ 708.6 crores, registering a growth of 86% on Y-O-Y basis.
- 2
EBIDTA for Q2 FY26 stood at ₹ 85.4 crores as compared to ₹ 33.1 crores in Q2 FY25, registering a growth of 158% on Y-O-Y basis.
- 3
PAT for the Q2 FY26 stood at record ₹ 17.2 crores as compared to loss of ₹ (1.9) crores in Q2 FY25, registering a growth of 990% on Y-O-Y basis.
- 4
As on September 30, 2025, the Company operates 259 stores with a total retail area of ~27.94 lac Sq. Ft.
- 5
Reported SSSG for the quarter stood at 23.4% and Normalized SSSG: ~10.3% (adjusted for Durga Puja shift from Q3 to Q2 FY26).
- 6
Revenue from operations stood at ₹ 1,340.9 crores, registering a growth of 69% on Y-O-Y basis for H1FY26.
- 7
EBIDTA for H1FY26 stood at ₹ 172.7 crores as compared to ₹ 88.5 crores in H1FY25, registering a growth of 95% on Y-O-Y basis.
- 8
PAT for the H1FY26 stood at record ₹ 41.9 crores as compared to ₹ 14.4 crores in H1FY25, registering a growth of 191% on Y-O-Y basis.
- 9
The Company opened 71 stores & closed 1 store in H1FY26.
- 10
Same Stores Sales Growth SSSG for H1FY26 stood at ~13.3%.
Management Comments
Mr. Ram Chandra Agarwal
Our strong H1 FY26 historical performance has reinforced the resilience of our business model and validated the strategic choices we have made. Building on this solid foundation, we enter the second half of the year with heightened momentum and clarity of direction. Our unwavering commitment to customer-centricity, powered by advanced data analytics, trend-led merchandising, and an agile supply chain continues to uniquely position us to lead the next wave of De Value& Variety growth in India’s value fashion market. With a future-ready operating model, we are not merely participating in the retail transformation; we are shaping it. The encouraging consumer response to our distinctive, competitively priced product portfolio continues to affirm the strength and relevance of our value proposition. By consistently offering fresh, trend-aligned assortments roofed in uncompromising quality and exceptional value for money, we are driving robust and broad-based growth across our expanding store network. Our strategic expansion into underserved rural markets, coupled with deeper penetration across Tier | and Tier Il cities, has enabled us to build a wide and demographically diverse customer base. Our deep understanding of regional preferences, reflected in localized assortments and personalized in-store experiences, continues to strengthen our competitive advantage. And we believe this is only the beginning. With 71 new stores added during HIFY26 and a strong pipeline of upcoming locations, our expansion trajectory remains firmly on course. This positions us to set new benchmarks in customer satisfaction and operational performance in the quarters ahead. At the heart of our success lies a highly skilled and passionate team of designers, merchandisers, and inventory specialists. Their ability to anticipate trends, curate targeted assortments, and manage inventory with precision enables us to remain agile, customer-focused, and operationally strong in a rapidly evolving market.
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