V2 retail Limited has delivered exceptional financial results for Q4 FY26 and FY26, showcasing robust growth across key performance metrics. The company's transition from a regional player to a national platform continues to gain momentum, supported by focused investments in operational transformation and customer-centric innovation.

Outstanding Q4 FY26 Financial Performance

The company demonstrated exceptional top-line growth during the quarter ended March 31, 2026. V2 retail's performance metrics reflect the scalability of its value-fashion business model and disciplined execution strategy.

The company achieved solid same store sales growth of 7.74% in Q4 FY26, enabled by its data-backed assortment strategy and product-first mindset. This approach delivered high sell-through rates while minimizing markdowns, contributing to overall profitability.

Aggressive Network Expansion in Tier 2/3 Markets

V2 retail's expansion strategy focused on high-growth markets, particularly in Tier 2 and Tier 3 cities where consumption-driven demand remains strong. The company successfully opened 33 new stores while closing 2 stores during Q4 FY26, demonstrating a selective growth approach.

The enhanced store productivity is evident from the monthly sales per square feet reaching ₹794 during Q4 FY26, indicating faster ramp-up and improving productivity of recent store additions.

Exceptional Full Year FY26 Results

The annual results reinforce the portability of V2 retail's "Value and Variety" model across different geographies. The company's performance in non-core territories has strengthened management confidence for continued aggressive expansion.

During FY26, the company achieved net addition of 136 stores, comprising 139 new store openings and 3 closures. The encouraging performance of new stores in Maharashtra, Punjab, Rajasthan, and South India has validated the company's expansion strategy beyond its traditional markets.

Strategic Outlook and Compliance

The financial results are subject to limited review and audit by the company's statutory auditors. V2 retail has maintained transparency by sharing this business update under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's strong performance across both quarterly and annual metrics demonstrates the effectiveness of its strategic initiatives and positions it well for continued growth in the value retail segment.

Ricon Commodities Private Limited, a promoter group entity of v2 retail , has disclosed the creation of a pledge on 33,50,000 equity shares in favor of Infina Finance (P) Ltd. The disclosure was made under Regulation 31(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Transaction Details

The pledge creation represents a significant corporate action involving V2 Retail's equity shares. The transaction details are summarized below:

Promoter Holdings Overview

Ricon Commodities Private Limited maintains a substantial stake in V2 Retail Limited as part of the promoter group. The company's current shareholding pattern shows significant promoter involvement:

Regulatory Compliance

The disclosure was formally communicated to both major stock exchanges where V2 Retail shares are listed - BSE Limited and National Stock Exchange of India Limited. The communication, dated March 31, 2026, was signed by Ram Chandra Agarwal, Director of Ricon Commodities Private Limited (DIN: 00491885).

Company Information

Ricon Commodities Private Limited is registered in West Bengal with CIN: U51909WB1995PTC070911. The company's registered office is located at Aquatica Kouchpukur, PO-Hatgachia PS-Kolkata, Leather Complex 24-Parganas (South) Kolkata, West Bengal. This pledge creation follows standard corporate financing practices and regulatory disclosure requirements under SEBI guidelines.