Image Source: DFU Publications
V2 Retail Ltd has once again lit up the stock market, with its share price jumping 4% to ₹1,890 on July 3, 2025, following a stellar Q1 FY26 business update. The fashion retailer reported a 51% year-on-year revenue surge to ₹628 crore, driven by aggressive expansion and strong consumer demand across Tier 2 and Tier 3 cities.
The company added 28 new stores during the quarter, bringing its total to 216 outlets and expanding its retail footprint to 23.48 lakh sq. ft. Same-store sales growth (SSSG) stood at 5%, with normalized growth at 10%, reflecting resilience despite seasonal shifts like Eid moving into Q4 FY25.
V2’s stock has delivered a jaw-dropping 3,281% return over five years, making it one of India’s top multibaggers. From ₹85 in February 2023 to ₹1,869 today, the stock has remained in positive territory for 23 out of the last 29 months, underscoring its consistent performance.
Key Highlights:
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Q1 Revenue: ₹628 crore, up 51% YoY
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Store Expansion: 28 new stores added, 1 closed
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SSSG: 5% reported, 10% normalized
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Retail Focus: Tier 2 & 3 cities remain core growth drivers
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Stock Performance: Up 3300% in 5 years; record high of ₹2,070 in May
V2 attributes its success to a product-first strategy, data-driven merchandising, and operational agility—positioning itself as a leader in India’s value fashion revolution.
Sources: Livemint, Hindustan Times, Moneycontrol
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