V2 RETAIL LTD.

V2 Retail Limited announced its audited standalone and consolidated financial results for Q4 and the full year ended March 31, 2026. For Q4 FY26, revenue from operations grew 60% year-on-year to ₹797 crores, EBITDA increased 89% to ₹109.1 crores, and Net Profit surged 172% to ₹17.5 crores. For the full fiscal year FY26, revenue from operations rose 63% to ₹3,067 crores, EBITDA climbed 77% to ₹455 crores, and Net Profit soared 125% to ₹162 crores. The company expanded its store network, opening 33 stores in Q4 FY26 and 139 stores in FY26, reaching a total of 325 stores. Same Store Sales Growth (SSSG) was ~7.7% for Q4 FY26 and ~8.6% for FY26. V2 Retail also raised approximately ₹400 crores through a QIP route during FY26. Management emphasized sustained high growth, improved margins, and strategic expansion into Tier II and Tier III cities.

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.

V2 Retail Limited's Board of Directors, based on the Nomination and Remuneration Committee's recommendation, has approved the re-appointment of Mr. Ram Chandra Agarwal as the Chairman and Managing Director for a period of 5 years, effective May 28, 2026. This re-appointment is subject to shareholder approval at the upcoming Annual General Meeting. Mr. Agarwal, a founding member with over 30 years of retail experience, is credited with pioneering value retailing in India and has received prestigious awards. He is related to other whole-time directors of the company and is not debarred from holding the office.

Company 532867 announced its 25th Annual General Meeting (AGM) will take place on Friday, July 31, 2026, at 2:00 PM. The meeting will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) to transact business as outlined in the forthcoming notice. The annual report for the financial year 2025-26, along with the official AGM notice, will be dispatched to shareholders in due course.

V2 Retail Limited's Board of Directors has approved the Audited Standalone and Consolidated Financial Results for the financial year ended March 31, 2026. The results, along with an unmodified audit opinion from Singhi & Co., Chartered Accountants, have been submitted to the stock exchanges. The audit report includes an emphasis of matter regarding an advance of ₹12.88 Crores outstanding since April 2019, which is considered recoverable based on an extended contract with Bennett, Coleman and Co. Limited until July 2026. The Board meeting commenced at 4:30 p.m. and concluded at 6:10 p.m.

V2 Retail Ltd has announced a Board of Directors meeting scheduled for May 28, 2026, to consider and approve the audited financial results for the fourth quarter and year ended March 31, 2026. In compliance with SEBI regulations, the company has also announced the closure of the trading window from April 1, 2026, until 48 hours after the declaration of the audited financial results. The notice will be available on the company's website.

Ricon Commodities Private Limited, part of the promoter group of V2 Retail Ltd, created a pledge of 33,50,000 equity shares (0.91% of total share capital) on March 30, 2026. This pledge serves as collateral for a loan taken by Ricon Commodities. The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

V2 Retail Ltd has reported a robust financial performance for the quarter and financial year ended March 31, 2026. The company's revenue stood at ₹ 798 Cr in Q4 FY26, a 59% YoY growth. The same store sales growth (SSSG) was 7.74% in Q4 FY26. The company's monthly sales per square feet (PSF) reached ₹ 794 during Q4FY26. V2 Retail Ltd opened 33 new stores and closed 2 stores during the quarter, expanding its retail footprint to ~35 lakh square feet across India. The standalone revenue from operations grew by 61% to ₹ 3,060 Cr in FY26.

On March 31, 2026, Ricon Commodities Pvt Ltd, a part of the promoter group of V2 Retail Ltd, created a pledge of 33,50,000 equity shares of V2 Retail Limited. This disclosure was made in accordance with Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The pledge was created in favor of Infina Finance (P) Ltd. Post the creation of the pledge, Ricon Commodities Pvt Ltd holds 0.91% of the total share capital of V2 Retail Limited.

V2 Retail Ltd has announced the closure of its trading window for dealing/trading in the shares of the company. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct. The window will remain closed from 1st April, 2026 till the expiry of 48 hours after the declaration of Audited Financial Results for the quarter/year ended 31st March, 2026.