
V2 Retail consolidated net profit rises 78.89% in the March 2025 quarter
Net profit of V2 Retail rose 78.89% to Rs 6.44 crore in the quarter ended March 2025 as against Rs 3.60 crore during the previous quarter ended March 2024. Sales rose 68.39% to Rs 498.51 crore in the quarter ended March 2025 as against Rs 296.04 crore during the previous quarter ended March 2024.
For the full year,net profit rose 159.01% to Rs 72.03 crore in the year ended March 2025 as against Rs 27.81 crore during the previous year ended March 2024. Sales rose 61.80% to Rs 1884.50 crore in the year ended March 2025 as against Rs 1164.73 crore during the previous year ended March 2024.
Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 498.51296.04 68 1884.501164.73 62 OPM % 11.6010.61 - 13.6812.69 - PBDT 38.2819.52 96 196.87108.09 82 PBT 10.350.05 20600 98.2231.37 213 NP 6.443.60 79 72.0327.81 159

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


New Indian Express
12 minutes ago
- New Indian Express
RBI bans foreclosure fees on floating rate personal & small biz credit
MUMBAI: After banning penal charges for foreclosing/pre-payment penalties on mortgage loans a few years back, the Reserve Bank has barred all lenders from levying such charges on floating rate loans granted to micro and small enterprises. The regulator has also debarred any lenders from penalizing personal loan borrowers if the credit is on floating rates. In a circular issued late last night, the regulator said the new regulations will be applicable for all such loans sanctioned or renewed after January 1, 2026. The RBI cited divergent practices among regulated entities with regard to levy of pre-payment charges in case of loans sanctioned to small businesses. And that it has found some lenders include restrictive clauses in loan contracts to deter borrowers from switching over to another lender. The directions are meant for all commercial banks, tier IV urban primary co-operative banks, upper layer non-banking financial companies, and all-India financial institutions, the Wednesday night circular said, adding however, the directions will not be applicable to small finance banks, regional rural banks and local area banks. 'All small finance bank, a regional rural bank, a tier III primary urban co-operative banks, state cooperative banks, central cooperative banks and all medium layer NBFCs will not levy any pre-payment charges on loans with sanctioned amount/limit up to Rs 50 lakh,' the RBI said. The regulator also said for all loans granted for the purposes other than business to individuals, with or without co-obligants, a regulated entity will not levy pre-payment charges. In case of cash credit/overdraft facilities, no pre-payment charges will be applicable if the borrower intimates the lender of her intention not to renew the facility before the period as stipulated in the loan agreement, provided that the facility gets closed on the due date.


United News of India
14 minutes ago
- United News of India
DAC clears 10 capital acquisition proposals of Rs 1.05 lakh cr
New Delhi, July 3 (UNI) The Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, today accorded Acceptance of Necessity (AoN) for 10 capital acquisition proposals amounting to around Rs 1.05 lakh crore through indigenous sourcing. The AoNs were accorded for procurement of armoured recovery vehicles, electronic warfare system, integrated common inventory management system for the Tri-Services and Surface-to-Air missiles. These procurements will provide higher mobility, effective air defence better supply chain management and augment the operational preparedness of the Armed Forces. AoNs were also accorded for procurement of moored mines, mine counter measure vessels, super rapid gun mount and submersible autonomous vessels. These procurements will enable mitigation of potential risks posed to the naval and merchant vessels. To provide further impetus to indigenous design and development, AoNs were accorded under the buy (Indian-Indigenously Designed Developed and Manufactured) category. UNI RBE SS


India.com
16 minutes ago
- India.com
In Operation Sindoor, these drones defeated Pakistan! now company gets Rs 8350000000…, it is…
Indian defence and aerospace startup Raphe mPhibr, which played a crucial role in Operation Sindoor, has raised $100 million (around Rs 835 crore) in its latest funding round. The round was led by General Catalyst and was the largest-ever private funding in India's aerospace manufacturing sector. Other participants were Think Investments, Amal Parikh, and several prominent family offices. After this, the startup's total funding has reached $145 million, meaning Raphe mPhibr has secured over Rs 1200 crore in total investment to date. What Does Raphe mPhibr Do? It was founded 10 years ago and based in Noida, Raphe mPhibr was established by Vivek Mishra, who is also its CEO. The company develops drones and other unmanned aerial vehicles (UAVs). Many of which are already in use by the Indian Armed Forces, while others are in their final testing phase. Major Products Are: mR10 Drone Swarm a system of multiple small drones flying in unison mR20 High Altitude Logistics Drone designed for transporting payloads at high altitudes Bharat- A portable surveillance drone X8 – A compact maritime patrolling system Fully In-House Manufacturing One of Raphe mPhibr's strengths is that it has a vertically integrated aerospace campus, where the company handles everything from design to manufacturing. It has an in-house team of experts in aerodynamics, materials science, and thermodynamics. Neeraj Arora, Managing Director at General Catalyst, said: 'Raphe mPhibr is transforming the defence sector through technology and engineering. Their products are making a real impact on the ground.' Defence Innovation In India This funding is received at a time when the global use of drones in warfare and defence operations is rapidly rising. Recently, both Indian and Pakistani forces have deployed drones along the border. The Indian government is also encouraging private defence startups through initiatives like iDEX (Innovations for Defence Excellence). Apart from this satellite launch technology has recently been handed over to HAL.