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Latest news about V2 Retail

V2 Retail Surges with 86% Revenue Growth and Aggressive Store Expansion in Q2 FY26 9 hours ago Today

V2 Retail Limited announced strong Q2 FY26 results with standalone revenue of ₹705.00 crore, up 86% year-over-year. Same-store sales growth was 23.40%, or 10.30% when normalized. The company added 43 new stores, bringing the total to 259 with a 27.94 lakh square feet retail footprint. Monthly sales per square foot reached ₹938.00. H1 FY26 saw 68% revenue growth to ₹1,334.90 crore with 70 new store additions. Management expressed confidence in the company's position for sustained growth in the value-fashion segment.

V2 Retail Raises Store Expansion Target, Expects Higher Revenue Growth 4 days ago

V2 Retail Reports 52% Revenue Surge, Plans Aggressive Expansion with Potential QIP Aug 04, 2025

V2 Retail Reports 52% Revenue Surge in Q1, Plans 25+ New Stores Jul 30, 2025

V2 Retail Approves Rs. 400 Crore Fundraising Plan Amid Strong Q1 Performance Jul 30, 2025

More news about V2 Retail

30Jul 25

V2 Retail Secures Approval for Rs 400 Crore Funding, Reports Strong Q1 FY26 Performance

V2 Retail Limited has received approval to raise funds up to Rs 400 crore. The company reported strong Q1 FY26 results with consolidated revenue increasing 52% year-on-year to Rs 632.22 crore. Net profit rose 51% to Rs 24.66 crore, and EBITDA grew 57% to Rs 87.20 crore. The company operates 216 stores across 21 states, opened 28 new stores in Q1, and achieved 5% same-store sales growth and 50% volume growth.

30Jul 25

V2 Retail Reports Strong Q1 FY26 Results with 52% Revenue Growth

V2 Retail announced strong Q1 FY26 results with revenue up 52% to ₹632.20 crore and net profit increasing 51% to ₹24.70 crore. The company expanded to 216 stores across 165+ cities, opening 28 new stores during the quarter. Same-Store Sales Growth was 5%, with volume growth at 50% year-on-year. The company's revenue mix includes Men's Wear (41%), Ladies Wear (29%), Kids Wear (24%), and Lifestyle products (6%). V2 Retail improved operational efficiency with net working capital days reducing to 34 from 37 in FY25.

26Jul 25

V2 Retail Expands Board Meeting Agenda to Include Fund-Raising Proposal

V2 Retail Limited has expanded the agenda for its board meeting on July 30, 2025, to include a fund-raising proposal. The company will consider raising funds through a Qualified Institutional Placement (QIP) or other appropriate modes. This decision will be subject to board consideration and necessary approvals. The company has informed stock exchanges about this update in compliance with SEBI regulations.

26Jul 25

V2 Retail Expands Board Meeting Agenda to Include Fund-Raising Proposal

V2 Retail Limited has expanded the agenda of its July 30, 2025 board meeting to include consideration of a fund-raising proposal through equity issuance. The company is primarily exploring Qualified Institutional Placement (QIP) but will also evaluate other appropriate modes. This addition to the agenda, which originally focused on financial matters, has been officially communicated to the BSE and NSE in compliance with SEBI regulations.

06Jul 25

V2 Retail Explores QIP for Expansion and Debt Reduction

V2 Retail is considering a Qualified Institutional Placement (QIP) to fund growth and reduce debt. The company aims to increase store openings and boost Pre-Ind AS Ebitda margin to 10% in 2-3 years. V2 Retail plans to unify its labels under 'No Brand Only Fashion' while maintaining its value-driven model without significant price increases.

03Jul 25

V2 Retail Expands Store Network and Reports Strong Q1 Revenue Growth

V2 Retail has expanded its store count to 216, adding 28 new locations primarily in Tier 2 and 3 cities. The company reported Q1 revenue of ₹628.00 crores, marking a 51% year-on-year growth from ₹415.00 crores in the previous year's Q1. This expansion and financial performance indicate successful penetration into new markets and increased consumer demand.

03Jul 25

V2 Retail Reports 5% Same-Store Sales Growth Despite Early Eid Impact

V2 Retail announced a 5% same-store sales growth for the quarter. April saw a temporary decline due to an early Eid shift, but May and June experienced strong double-digit increases in sales, offsetting the April setback. The company demonstrated resilience and adaptability in managing seasonal fluctuations.

29May 25

V2 Retail Unveils Ambitious Growth Strategy and Financial Targets

V2 Retail announces plans to increase private label offerings from 35-40% to 60% by summer 2026 and 80% by 2027. The company reports 43% volume growth and aims to open 100 new stores annually. Financial projections include 40-50% full-year growth, 8-10% same-store sales growth, 8-9% EBITDA margin, and 45-50% revenue growth for FY26 and FY27. Positive PAT expected in all quarters of the upcoming fiscal year.

28May 25

V2 Retail's Q4 Net Profit Surges 73%, Revenue Soars 68%

V2 Retail Ltd announced impressive Q4 financial results, with revenue increasing 68.24% year-over-year to ₹4.98 billion from ₹2.96 billion. Net profit rose 73.13% to ₹67.00 million from ₹38.70 million in the same quarter last year. However, net profit decreased compared to the previous quarter's ₹509.00 million, indicating potential seasonality factors.

27May 25

V2 Retail Reports Robust Q4 Performance with Significant EBITDA and Revenue Growth

V2 Retail announced impressive Q4 financial results, with revenue increasing 68% year-over-year to ₹4.98 billion. EBITDA nearly doubled to ₹573.00 million, and EBITDA margin improved to 11.49%. Net profit grew 73% year-over-year to ₹67.00 million, despite a quarter-over-quarter decrease. The results highlight V2 Retail's expanding market presence and improved operational efficiency.

28Apr 25

V2 Retail CEO Manshu Tandon Resigns, Shares Hit Lower Circuit

V2 Retail Limited's CEO, Manshu Tandon, has resigned effective April 28, 2025, citing personal reasons and entrepreneurial pursuits. The announcement caused the company's shares to fall 5.00% and hit the lower circuit. No successor has been named yet, and the board is expected to begin the search for a new CEO.

02Apr 25

V2 Retail Reports 69% Year-over-Year Revenue Growth in Q4 FY25, 29% Same-Store Sales Growth for FY25

V2 Retail Limited announced impressive financial results for Q4 and FY25. Q4 revenue surged 69% YoY to ₹499.00 crore, with 24% same-store sales growth. FY25 saw a 62% YoY revenue increase to ₹1,885.00 crore, with 29% annual SSG. The company added 74 new stores, expanding to 189 locations. Sales per square feet improved to ₹1,017.00 for FY25. V2 Retail's growth is attributed to product-led transformation, data-driven strategies, and expansion into Tier 2 and 3 cities.