V2 Retail LimitedV2RETAILNSE
V2 Retail reports 28.4% Q2 revenue growth as store network expands to 427 outlets
As filed · V2 Retail Limited has informed the Exchange about General Updates regarding Q2 FY27 Business UpdateNetwork Expansion Continues Ahead of the Festive Quarter
BusinessImprovingNotablemateriality 64 out of 100
What happened
FactV2 Retail reported standalone Q2 FY27 revenue of ₹905 Cr, up from ₹705 Cr in Q2 FY26, representing 28.4% year-on-year growth. It opened 49 stores and closed 3 during the quarter, taking its network to 427 stores covering approximately 46.28 lakh sq. ft.; festival-normalised same-store sales growth was 0.5%, while calendar-basis SSSG was -14.9%.
Why it matters
CapitSignal interpretationProduction and sales volumes are the operating data behind the next set of reported numbers.
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Fact- Volume trend against the prior period
Evidence
How CapitSignal classified this
- Reasoning:
- The update indicates strong reported revenue growth and continued footprint expansion, while festival-normalised SSSG was broadly stable despite the festive season shifting into Q3 FY27. The rating upgrade and soft launch of V2Kart e-commerce add support to the company’s financial-profile and omni-channel initiatives, although quarterly revenue remains subject to limited review / audit.
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%