V2 Retail Reports 60% Revenue Growth in Q4 FY26
V2 Retail Q4 revenue climbs 60% YoY to Rs 798 cr
Business Standard
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V2 Retail's standalone revenue surged 59.92% year-on-year to ₹798 crore in Q4 FY26, driven by a 7.74% increase in same store sales. The company opened 33 new stores, expanding its retail footprint to approximately 35 lakh square feet across India.
- 01Standalone revenue reached ₹798 crore in Q4 FY26, a 59.92% increase from the previous year.
- 02Same store sales growth (SSSG) was 7.74% in Q4 FY26.
- 03V2 Retail opened 33 new stores and closed 2 stores during the quarter.
- 04The total retail footprint expanded to 35 lakh square feet with 325 stores as of March 31, 2026.
- 05Consolidated net profit increased 99.37% to ₹102.06 crore in Q3 FY26.
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V2 Retail, one of India's fastest-growing retail companies, reported a substantial 59.92% increase in standalone revenue, reaching ₹798 crore in Q4 FY26, compared to ₹499 crore in Q4 FY25. This growth was bolstered by a 7.74% rise in same store sales, attributed to the company's effective data-driven assortment strategy and focus on high sell-through rates. During the quarter, V2 Retail opened 33 new stores while closing 2, strategically targeting consumption-driven demand in Tier 2 and Tier 3 cities. The company's total retail footprint now spans approximately 35 lakh square feet across India, with a total of 325 stores as of March 31, 2026. Additionally, V2 Retail's consolidated net profit saw a remarkable 99.37% increase, reaching ₹102.06 crore in Q3 FY26, up from ₹51.19 crore in the same quarter last year. Despite these strong results, V2 Retail's stock fell 1.66% to ₹186.30 on the Bombay Stock Exchange (BSE).
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The expansion of V2 Retail's footprint in Tier 2 and Tier 3 cities may enhance job opportunities and boost local economies.
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