Shares of V2 Retail rose over 3% in morning trade on July 3 after the company reported a robust business performance for Q1 FY26, signalling a strong start to the financial year. As of 9:15 AM, the shares were trading 3.08% higher at Rs 1,880.00.
The company posted a 51% year-on-year rise in standalone revenue to ₹628 crore in Q1 FY26, up from ₹415 crore in Q1 FY25. This sharp growth reflects the success of V2’s product-first strategy, better sell-through, and wider market reach.
Same-store sales growth (SSSG) normalised at 10%, with strong double-digit growth seen in May and June, despite an early Eid impact in April. Sales per square foot stood at ₹957, underscoring improved store-level productivity.
V2 Retail added 28 new stores during the quarter and closed one underperforming outlet, taking the total store count to 216. The company’s retail footprint now spans 23.48 lakh sq. ft, with a continued focus on Tier 2 and Tier 3 cities.
Efficient merchandising, quick stock replenishment, and tighter inventory control helped boost margins and operational efficiency. Management reaffirmed confidence in sustaining momentum through FY26, citing innovation, data-led planning, and strong customer loyalty as key growth drivers.
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