V2 Retail Limited has informed the Exchange about General Updates
V2RETAIL · price
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Awaiting price reaction for this filing.
V2 Retail reported a strong start to FY26 with standalone revenue of ₹628 crores in Q1 FY26, up 51% year-on-year from ₹415 crores in Q1 FY25. Same Store Sales Growth (SSSG) came in at 5% on a reported basis and 10% on a normalized basis, supported by strong double-digit growth in May and June after a temporary April dip. Sales per square foot stood at ₹957, reflecting strong productivity. The company added 28 new stores (closed 1), taking the total store count to 216 and retail area to 23.48 lakh sq. ft., with continued focus on Tier 2 and Tier 3 cities.
The 51% revenue growth, healthy SSSG, and aggressive store expansion signal strong operational momentum and could be viewed positively by investors, potentially supporting the stock price in the near term.