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V2 Retail EXPLODES: 43 New Stores & Record Revenue Surge – Your Next Big Investment?

Consumer Products

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Published on 24th November 2025, 4:31 AM

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Author

Akshat Lakshkar | Whalesbook News Team

Overview

V2 Retail reported a strong Q2 with revenue soaring 86.5% YoY to Rs 709 crore, driven by robust Same-Store Sales Growth (SSSG) of 10.3% (normalized) and 43 new store additions. The company raised its FY26 store-addition guidance to 130 stores and successfully deployed Rs 400 crore via QIP for debt repayment and working capital. Gross margins improved to 28% and EBITDA margins to 12.1%, signaling operational efficiency and strong demand.