V2 Retail Limited reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, on May 28, 2026. The board approved these results, which received an unmodified opinion from the statutory auditors, Singhi & Co. For the quarter ended March 31, 2026, the company reported a standalone revenue from operations of ₹79,814.14 lakhs, compared to ₹92,730.18 lakhs in the previous quarter and ₹49,851.31 lakhs in the corresponding quarter of the previous year. The standalone net profit for the quarter stood at ₹1,818.74 lakhs, against ₹9,931.86 lakhs in the previous quarter and ₹666.57 lakhs in the same quarter last year.

Financial MetricChange QoQ (%)Change YoY (%)
Revenue from Operations(13.93)%60.10%
Net Profit(81.69)%172.85%

V2 Retail Limited is a prominent Indian retail chain engaged in the business of apparel and general merchandise. The company operates a network of stores across India, focusing on value-based retail offerings. In 2025, the company took significant steps to strengthen its capital structure, including the allotment of over 1.87 million equity shares to Qualified Institutional Buyers in November 2025 to raise capital. Additionally, in March 2026, the company completed a stock split of its equity shares from a face value of ₹10 to ₹1 each to enhance liquidity.

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