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V2 Retail Q2 Revenue Soars 28.4% to ₹905 Crore, Adds 49 New Stores
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CNBC TV18•03-10-2026, 14:57
V2 Retail Q2 Revenue Soars 28.4% to ₹905 Crore, Adds 49 New Stores
  • •V2 Retail reported a 28.4% jump in standalone revenue growth for Q2, reaching ₹905 crore year-on-year.
  • •The Gurugram-based retailer achieved a same-store sales growth of 0.5% YoY in Q2.
  • •The company expanded its footprint by adding 49 new stores and closing 3 during the quarter.
  • •In Q1 FY27, V2 Retail's standalone revenue grew 58% year-over-year to ₹997 crore, with same-store sales growth of 7.5%.
  • •Despite strong business updates, V2 Retail's shares declined over 3.50% in Thursday's trade and have lost 17.79% year-to-date.

Key Questions Answered

V2 Retail reported a 28.4% increase in standalone revenue growth, bringing its year-on-year revenue to ₹905 crore for the second quarter.

During the Q2 quarter, V2 Retail added 49 new stores and closed 3 stores.

In Q1 FY27, V2 Retail's standalone revenue grew by 58% year-over-year to reach ₹997 crore, while same-store sales growth (SSSG) stood at 7.5%.