V2 Retail Limited Announces Audited Financial Results for the Year Ended March 31, 2026
V2 Retail Limited has announced its audited consolidated and standalone financial results for the financial year ended March 31, 2026. The financial statements provide a comprehensive view of the Group's performance across the year and the quarter ending March 31, 2026.Financial Highlights: Consolidated Results
The audited consolidated statement of financial results provides key performance metrics for the year. The Group reported a total income of 1,89,145.53 Lakhs for the year ended March 31, 2025, increasing to 3,07,741.56 Lakhs for the year ended March 31, 2026.The Group’s profit for the period (Profit before tax minus total tax expense) was 7,20,3.23 Lakhs. Total comprehensive income for the year ended March 31, 2026, stood at 16,177.18 Lakhs.
The total assets of the Group increased significantly, reaching 2,42,221.16 Lakhs as of March 31, 2026, compared to 1,59,906.94 Lakhs recorded on March 31, 2025.
Key changes in the Group’s asset composition include:
- Total non-current assets: Increased to 1,10,714.16 Lakhs.
- Total current assets: Reached 1,31,470.45 Lakhs.
- Total equity: Rose to 90,231.26 Lakhs, driven by changes in Other Equity and Equity Share Capital.
Standalone Financial Performance
The company’s standalone financial results reflected steady growth. Total income for the year ended March 31, 2025, was 1,88,449.52 Lakhs, rising to 3,06,893.24 Lakhs for the year ended March 31, 2026.The standalone total comprehensive income for the year was 7,089.58 Lakhs.
Standalone assets totalled 1,57,7112.58 Lakhs as of March 31, 2026, compared to 1,59,906.94 Lakhs on the previous year.
Key Operational and Accounting Highlights
Right-of-Use Assets and Lease Liabilities:The auditor’s report highlighted a material adjustment relating to Right-of-Use (ROU) assets. On October 1, 2025, the company reassessed its lease term estimates for stores, which resulted in an exceptional gain of 2,768.92 Lakhs. Consequently, the ROU Assets and Lease Liabilities were reduced by 48,394.38 Lakhs and 49,920.56 Lakhs, respectively, as of that date.
Advertisement Advance Recoverability:
The auditor also noted an advance amounting to Rs. 1,288.25 Lakhs outstanding since April 2019. This advance was considered fully recoverable by management, based on the extension of the underlying advertisement contract with Bennett, Coleman and Co. Limited (BCCL) until July 7, 2026.
Equity Structure Changes:
The company underwent a stock split/subdivision of face value. As of March 26, 2026, the company increased its equity shares from 3,64,63,755 equity shares to 36,46,37,650 equity shares. This required restating the Basic and Diluted Earnings Per Share (EPS) for all previous periods.
Financial Statements Overview
For a detailed comparison of the financial positions and performance, the following tables summarize the audited consolidated and standalone figures for the year ended March 31, 2026, versus the previous year.Consolidated Financial Summary (Rs. in Lakhs)
| Metric | Year Ended 31 March 2025 | Year Ended 31 March 2026 |
|---|---|---|
| Total Income | 1,89,145.53 | 3,07,741.56 |
| Total Assets | 1,59,906.94 | 2,42,221.16 |
| Total Equity | 34,629.69 | 90,231.26 |
| Profit for the period | 7,20,3.23 | 16,206.33 |
Standalone Financial Summary (Rs. in Lakhs)
| Metric | Year Ended 31 March 2025 | Year Ended 31 March 2026 |
|---|---|---|
| Total Income | 1,88,449.52 | 3,06,893.24 |
| Total Assets | 1,59,906.94 | 2,42,221.16 |
| Total Equity | 34,500.41 | 90,231.26 |
Note: Financial data for the quarter ended March 31, 2026, are presented in the original filing's tables.
V2RETAIL Stock Price Movement
Shares of V2 Retail Limited slipped by 2.15% on Wednesday, settling at ₹236.05. The equity traded on a robust volume of 1.15 million shares, finding support during the session between ₹230.55 and ₹241.99.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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