V2 Retail Reports Strong Q1 FY27; Revenue Jumps 58% Amid Focus on Value-Fashion Market

V2 Retail Reports Strong Q1 FY27; Revenue Jumps 58% Amid Focus on Value-Fashion Market​

V2 Retail Limited has announced a strong performance in its first quarter of Fiscal Year 2027 (Q1 FY27), driven by strategic priorities and operational excellence. The company reported significant growth across key metrics, demonstrating the scalability of its value-fashion business model.

Standalone revenue reached ₹ 997 Cr in Q1 FY27, a substantial increase compared to the ₹ 630 Cr recorded in Q1 FY26. This translates to a 58% year-on-year revenue growth, reflecting sustained high double-digit expansion despite having an elevated base from the previous year.

Key Performance Indicators and Productivity​

The company maintained robust performance through consistent Same Store Sales Growth (SSSG) of 7.5%. This growth was attributed to the implementation of a data-driven assortment strategy and adherence to a product-first philosophy, which supported margin discipline by resulting in higher sell-through and lower markdowns.

Strengthening productivity across its store network, Monthly Sales per Square Foot (PSF) reached ₹ 886 in Q1 FY27. This efficiency metric was achieved despite the presence of a higher proportion of newly opened stores within the existing network, thanks to sharper merchandising, disciplined inventory management, and faster inventory replenishment processes.

Network Expansion and Market Reach​

V2 Retail continued its focused expansion strategy during the quarter. The company successfully opened 57 new stores while closing one store. These expansions were concentrated in high-potential Tier 2 and Tier 3 consumption markets.

As of June 30, 2026, the retail footprint expanded to approximately 40.7 lakh sq. ft. across a network of 381 stores. This deepening presence in Tier 2 and Tier 3 cities reinforces V2 Retail's commitment to democratizing affordable fashion and expanding its addressable customer base.

V2 Retail enters FY27 with momentum, utilizing data-driven merchandising and operational agility to capitalize on the rapidly growing Indian value-fashion market while building long-term value for all stakeholders.

V2RETAIL Stock Price Movement​

On Wednesday, V2 Retail Limited stock rallied, finishing the session with a gain of 5.38% and settling at ₹238.44. The shares closed after trading 2.13 million units, reflecting steady buying interest throughout the day.