Latest news with #V2RetailLimited
Business Upturn
5 days ago
- Business
- Business Upturn
V2 Retail Q1 FY26 business update: Company reports 51% YoY revenue growth, adds 28 new stores
V2 Retail Limited has reported a strong start to FY26, delivering impressive growth in its Q1 business update. The company's standalone revenue surged to ₹628 crore in Q1 FY26, marking a 51% year-on-year jump from ₹415 crore in Q1 FY25. This performance highlights the success of its product-first approach, robust sell-through rates, and deeper market reach. Same-store sales growth (SSSG) normalized at 10%, despite an early Eid impact in April. May and June recorded strong double-digit growth, reflecting steady consumer demand and smart assortment planning. Sales per square foot for Q1 stood at ₹957, showing solid store-level productivity—even with a higher contribution from new stores. This was made possible through improved merchandising, faster stock replenishments, and strict inventory control. V2 Retail also expanded its footprint by opening 28 new stores during the quarter while closing one underperforming outlet. The total store count now stands at 216, covering a retail area of 23.48 lakh sq. ft. The company continues to focus on Tier 2 and Tier 3 cities, strengthening its mission to bring affordable fashion to emerging India. The company emphasized its strong momentum going into FY26, driven by innovation, data-backed merchandising, and customer trust. With an expanding footprint and a clear focus on value fashion, V2 Retail is well-positioned to lead in India's fast-evolving retail landscape. Ahmedabad Plane Crash 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
India.com
27-05-2025
- Business
- India.com
Meet Uma Agarwal, wife of Vishal Mega Mart founder, as beautiful as any Bollywood actress, she is known for...
New Delhi: Social media is currently abuzz with memes showing netizens' desire to work as the security guard at Vishal Mega Mart. People are jokingly calling it their dream job. Amid all this, the founder of Vishal Mega Mart, Ram Chandra Agarwal, has also come into the spotlight. Ram Chandra began his journey with a humble photocopy shop and went on to establish a successful supermarket chain. He eventually sold the business for ₹70 crore and launched V2 Retail, which propelled his wealth from ₹70 crore to an impressive Rs 6,500 crore. That's Ram Chandra's story, but now his wife Uma Agarwal is also making headlines. In this article, we will talk about Uma, her stylish appearance, liefestyle etc. Whether in western outfits or traditional Indian wear, she adds a glamorous touch and looks no less than a film actress. Ram Chandra Agarwal and Uma Agarwal: Uma Agarwal is the whole-time director of V2 Retail Limited. The couple has two children, Akash Agarwal and Shreya Agarwal. While Akash is also the full-time director of V2 Retail Limited, not much is known about Shreya's role in the company. Uma Agarwal's daughter, Shreya Agarwal, is reportedly studying at USC Marshall School of Business, US. She has 21.7K followers on her Instagram handle and never misses a chance to impress everyone with her stunning pictures. Talking about her brother, Akash Agarwal, he is working with his father to expand their family business and is reportedly dating a stunning speech and language therapist named Ines Knani. All You Need to Know About Uma Agarwal Uma Agarwal is an Arts graduate and has over 17 years of hands-on experience in the retail industry Uma has been a member of the Board of Directors since the company's inception on July 27, 2001. She holds 3,44,000 equity shares in V2 Retail Ltd and plays a significant role in overseeing the marketing strategies of the company. Her expertise in the retail sector has been instrumental in scaling the company to new heights, and she is eligible to retire by rotation with a remuneration of up to Rs. 5,00,000 per month.
