V2 Retail Releases Business Responsibility and Sustainability Report for FY 2025-26, Highlighting Operational Scale and Ethical Commitment

V2 Retail Releases Business Responsibility and Sustainability Report for FY 2025-26, Highlighting Operational Scale and Ethical Commitment

V2 Retail Releases Business Responsibility and Sustainability Report for FY 2025-26, Highlighting Operational Scale and Ethical Commitment​

V2 Retail Ltd. has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, providing a comprehensive overview of the company's operations, social commitments, and adherence to ethical standards across its retail business units. The report underscores V2 Retail’s role as a fast-growing value fashion retailer operating predominantly in Tier II and Tier III cities across India.

The Company maintains a substantial physical presence nationwide, with 325 stores and two offices dedicated to national operations. V2 Retail focuses entirely on apparel and general merchandise retail sales, accounting for 100% of its turnover. The business operates across 25 states in the country.

Governance and Social Impact​

The company stands at a paid-up capital of ` 36,46,37,550. With over 10,561 employees in the financial year, V2 Retail is committed to fostering a respectful workplace environment. The Board of Directors includes 6 members, with 2 demonstrating female representation (33.33%).

Regarding human capital management, the Company ensured that all 10,561 permanent employees received training covering health and safety measures, achieving 100% coverage for both male (8,226) and female (2,335) staff. V2 Retail reports significant efforts in local economic growth, with a notable 13.30% of purchases sourced from Micro Small and Medium Enterprises (MSMEs). Furthermore, the company ensures that all inputs are sourced directly within India.

Commitment to ESG​

V2 Retail has established key focus areas for its sustainable business model, including energy efficiency, waste management, water conservation, sustainable supply chains, and eco-friendly practices. The company's governance is overseen by Mr. Ram Chandra Agarwal (Chairman & Managing Director).

The report details the company’s environmental performance metrics. For FY 2025-26, the Energy Intensity per rupee of turnover was reported at 91.50 units (in Crores), compared to 74.76 for the preceding financial year. Regarding waste management, the Company manages plastic waste through authorized recyclers and emphasizes segregating waste at source.

The company’s operational diligence included managing one instance of regulatory action involving a penalty of `20,000 paid to the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), which related to a gap between two Board Meetings not being in compliance with the Companies Act, 2013.

Stakeholder and Consumer Focus​

V2 Retail actively manages consumer relations, reporting a significant volume of complaints. In FY 2025-26, 280 consumer complaints were received regarding matters other than data privacy, advertising, or unfair trade practices, with 17 currently pending resolution. The company maintains multiple channels for grievance redressal, including through its official website and customer care hotline.

Furthermore, the company emphasizes responsible consumption by ensuring that every garment carries standard care labels, while the corporate website provides dedicated 'Wash & Care' guides to assist customers in maintaining their purchases responsibly. The firm also ensures that human rights requirements are integrated into all supplier and service agreements.

V2RETAIL Stock Price Movement​

V2 Retail Limited shares closed lower today, shedding 1.86% and settling at ₹225.51 after the market session. The equity traded within a range of ₹222.15 to ₹230.79, with 681,769 shares recorded during the day.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Back
Top