V2 Retail shares jump 3% after company reports 51% YoY revenue growth in Q1 FY26
Shares of V2 Retail rose over 3% in morning trade on July 3 after the company reported a robust business performance for Q1 FY26, signalling a strong start to the financial year. As of 9:15 AM, the shares were trading 3.08% higher at Rs 1,880.00.
The company posted a 51% year-on-year rise in standalone revenue to ₹628 crore in Q1 FY26, up from ₹415 crore in Q1 FY25. This sharp growth reflects the success of V2's product-first strategy, better sell-through, and wider market reach.
Same-store sales growth (SSSG) normalised at 10%, with strong double-digit growth seen in May and June, despite an early Eid impact in April. Sales per square foot stood at ₹957, underscoring improved store-level productivity.
V2 Retail added 28 new stores during the quarter and closed one underperforming outlet, taking the total store count to 216. The company's retail footprint now spans 23.48 lakh sq. ft, with a continued focus on Tier 2 and Tier 3 cities.
Efficient merchandising, quick stock replenishment, and tighter inventory control helped boost margins and operational efficiency. Management reaffirmed confidence in sustaining momentum through FY26, citing innovation, data-led planning, and strong customer loyalty as key growth drivers.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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