V2 Retail Reports Strong Q1 FY27 Results: Revenue Jumps 58%, Net Profit Surges 70% Amid Sustained Growth Momentum

V2 Retail Reports Strong Q1 FY27 Results: Revenue Jumps 58%, Net Profit Surges 70% Amid Sustained Growth Momentum​

V2 Retail Limited, one of India's leading value retail companies, announced robust financial results for the first quarter of the fiscal year 2027 (Q1 FY27). The company, which operates 381 stores across 25 states and one Union Territory, showcased strong operational execution with consolidated revenue growing by 58% year-on-year.

The Q1 FY27 results highlighted sustained growth momentum and improved margins across the organization. Revenue from operations stood at ₹997.2 crores, marking a significant increase compared to Q1 FY26. The company's EBITDA surged by 60% on a year-over-year basis, reaching ₹139.5 crores, while Net Profit After Tax (PAT) registered a massive 70% growth, standing at ₹41.9 crores.

Consolidated Financial Performance Highlights​

The financial performance across Q1 FY27 demonstrated strong trajectory in profitability and top-line expansion:


The company maintained a Gross Margin (GP) of 28.6% in Q1 FY27, down from 29.5% in the preceding quarter (Q1 FY26). Furthermore, the EBITDA margin for Q1 FY27 was 14.0%, up from 13.8% in Q1 FY26.

Operational Updates and Key Metrics​

Key operational updates for Q1 FY27 indicate disciplined network expansion and strong consumer engagement:

• Store Network: As of June 30, 2026, V2 Retail operates 381 stores, covering a total retail area of approximately 40.7 lakh square feet. During the quarter, the company opened 57 new stores while closing one store.
• Sales Growth: Same Stores Sales Growth (SSSG) for Q1 FY27 was recorded at roughly 7.5%.
• Volume and Pricing: The company witnessed robust volume growth of 56% in Q1 FY27, with full price sales contributing 90% of the revenue.

Management Commentary​

Commenting on the results, Mr. Ram Chandra Agarwal, Chairman & Managing Director, stated that the company continues to deliver exceptional growth momentum by achieving 58% revenue expansion while maintaining healthy returns. He attributed this trajectory to a disciplined execution strategy and the resilience of consumer demand within India's value fashion segment.

Mr. Agarwal noted that the Indian retail market is undergoing significant transformation, with consumption expanding beyond metros and organized retail gaining ground in smaller cities. He emphasized that V2 Retail’s focus remains on improving products, maintaining sharp pricing equations, and disciplined store opening to ensure sustainable growth.

He added that by adding 56 stores on a net basis during the quarter, taking the total network size to 381, the company reinforced its commitment to expanding its reach. He highlighted investments in analytics-driven merchandising, agile supply chain responsiveness, and operational discipline as key drivers amplifying efficiency and scalability. The management reaffirmed priorities of profitable growth, capital efficiency, and disciplined execution.

About V2 Retail Limited​

V2 Retail is noted as one of India's fastest-growing value fashion retailers, boasting strong brand equity across diverse demographic segments. The company offers a wide portfolio of apparel and lifestyle products under its core philosophy of 'Value and Variety.' V2 Retail maintains a robust presence across Northern and Eastern India, targeting the neo-middle-class population in Tier II and Tier III cities with curated, trend-forward assortments at accessible price points.

V2RETAIL Stock Price Movement​

V2 Retail Limited shares slipped today, closing at ₹217.82 after shedding 1.33% from previous close. The stock traded within a daily range of ₹216 to ₹226.7, with over 4.4 million shares changing hands during the session.