V2 Retail reported a 58% year-on-year increase in standalone revenue to ₹997 Cr in Q1FY27, compared to ₹630 Cr in the corresponding quarter of the previous year. The company attributed this growth to the strength of its strategic priorities and operational excellence, which helped sustain momentum on an elevated base. The value-fashion retailer also delivered a robust 7.5% Same-Store Sales Growth (SSSG) during the quarter, underpinned by a data-driven assortment strategy and a product-first philosophy. These initiatives led to higher sell-through rates and lower markdowns, enabling the company to maintain margin discipline while reinforcing the quality of its revenue expansion.

Operational Metrics and Store Productivity

Operational efficiency improved as Monthly Sales per Square Foot (PSF) reached ₹886 in Q1FY27. This metric reflects strong store productivity despite a higher proportion of newly opened stores in the network. The company credited sharper merchandising, faster inventory replenishment, and disciplined inventory management for driving this improvement.

Network Expansion Strategy

V2 Retail focused its expansion efforts on high-potential Tier 2 and Tier 3 consumption markets during the quarter. The company successfully opened 57 new stores and closed 1 store. As of June 30, 2026, the retail footprint expanded to approximately 40.7 lakh sq. ft. across 381 stores, deepening its pan-India presence.

The following table summarises the key financial and operational metrics for the quarter:

The standalone revenue from operations for the quarter ended June 30, 2026, is subject to limited review or audit by the Statutory Auditors of the Company. This disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

V2 Retail Limited disclosed its shareholding pattern for the financial year ended March 31, 2026, reporting total promoter and promoter group holdings of 18,75,48,900 shares. The disclosure was submitted to the stock exchanges on April 5, 2026, in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filing details the shareholding of key individuals and entities within the promoter group. Ram Chandra Agarwal, a Promoter, holds 1,88,39,620 shares, while Uma Agarwal holds 14,40,000 shares. Among the promoter group, Akash Agarwal holds 1,63,87,790 shares, and Ricon Commodities Pvt. Ltd. holds the largest stake at 12,86,27,100 shares.

Shareholding Details

The following table outlines the shareholding distribution among the promoters and the promoter group as of March 31, 2026:

Share Pledge Disclosure

The disclosure also revealed that Ricon Commodities Private Limited, part of the promoter group, has pledged 33,50,000 equity shares in favor of Infina Finance (P) Ltd. as of the financial year ended March 31, 2026. This pledge is a material disclosure required under the aforementioned SEBI regulations.

The filing was signed by Ram Chandra Agarwal, Promoter of V2 Retail Limited, on behalf of the promoters, promoter group, and Persons Acting in Concert (PAC). A copy of the disclosure has been forwarded to the Audit Committee for their records.