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Company primarily operates in Tier-II andTier-III cities, with a chain of “V2 Retail” stores offering apparel and general merchandise,catering to the entire family.
V2 Retail filed its sustainability report for FY2025-26. Noted a significant shift towards job creation in rural and semi-urban areas. Employee turnover rate improved to 73%. However, customer complaints increased to 280, with 17 pending. The Company spent 0.725 Cr on CSR activities, focusing on education and welfare.
V2 Retail's Q1 FY27 revenue surged 58% YoY to ₹997 Cr, fueled by 7.5% SSSG and ₹886 monthly sales per sq. ft. The company aggressively expanded, adding 56 net new stores (total 381 stores, 40.7 lakh sq. ft.), focusing on high-growth Tier 2/3 cities.
V2 Retail reported robust FY26 results: Revenue surged 63% to ₹3,067 Cr, and PAT jumped 125% to ₹162 Cr. The company significantly expanded, opening 139 stores to reach 325 across 35.35 lakh sq.ft. Same Stores Sales Growth was 8.58%. Net working capital days increased to 81, supporting this strong growth...
V2 Retail delivered strong Q4 revenue of ₹798 Cr (+59%) and full-year revenue of ₹3,060 Cr (+61%). It achieved 7.74% Q4 same-store sales growth and expanded aggressively, adding a net 136 stores for a total of 325 stores across ~35 lakh sq ft, targeting Tier 2/3 markets.
V2 Retail announces Senior Managerial Personnel Mr. Sunil Kumar's resignation for personal reasons. His service concluded, marking an operational shift in leadership. This personnel change is noted for investors.