V2 Retail Ltd announced its Q2 revenue of 7.05 billion rupees for FY25, reflecting significant growth amid a competitive retail landscape. The company continues to leverage strong same-store sales growth and expanding store network to boost top-line performance.
Key Financial Highlights
-
Revenue surged by over 60% year-on-year, underpinned by a 34% same-store sales growth and 43% volume increase.
-
Sales per square foot per month rose 30% YoY to 904 rupees, indicating improved store-level productivity.
-
Gross margins moderated slightly to 31.8% due to pricing strategies, while EBITDA margins held steady at 8.7%, supported by operating efficiencies.
-
The company reduced reported losses to 1.9 crore rupees, a 66% improvement year-on-year.
Business Expansion And Outlook
-
V2 Retail aims to open 60 new stores in FY25, with 22 already added in H1FY25, further increasing market penetration.
-
Management remains optimistic about doubling revenue per square foot to 1,200 rupees by FY26 through enhanced product mix and store experience.
-
These results reinforce V2 Retail’s growth momentum and strong position in the value retail segment.
Sources: Moneycontrol, Sharekhan, Times of India October 2025