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V2RETAIL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
V2 Retail Limited reported strong full-year results for FY2026 ending March 31. Consolidated revenue grew 62.8% to Rs. 3,06,705 lakhs from Rs. 1,88,450 lakhs in FY2025. Profit after tax more than doubled to Rs. 16,206 lakhs from Rs. 7,203 lakhs, a 125% increase. The company raised Rs. 39,427 lakhs through a QIB equity placement and completed a 10:1 stock split. However, operating cash flow turned negative at Rs. 10,343 lakhs due to massive inventory buildup of Rs. 61,200 lakhs. The auditor issued an unmodified opinion but drew attention to a Rs. 1,288 lakh advance to Bennett Coleman and Co outstanding since 2019, extended to July 2026. An exceptional gain of Rs. 2,769 lakhs was recorded from lease reassessment. The subsidiary V2 Smart Manufacturing reported a loss of Rs. 1,197 lakhs.
Strong top-line and bottom-line growth demonstrates business momentum, but negative operating cash flow and inventory buildup warrant monitoring. The clean audit provides assurance, though the BCCL advance requires attention. Stock split improves retail accessibility.