Credit Ratings
Credit Rating
V2 Retail LimitedV2RETAIL · Filed with the exchange
India Ratings & Research upgraded V2 Retail's bank loan facilities to 'IND A/Positive' from 'IND A-/Stable' and 'IND A1' from 'IND A2+'. This reflects robust operational performance, including 63% revenue growth to INR 3,067 Cr in FY26, improved EBITDA (over INR 454.4 Cr), and strategic store expansion.
The Positive outlook anticipates sustained market share gains and profitability.
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