V2 Retail offers an unparalleled retail mix, a large Variety of Smart, Trendy, Fashionable apparels across categories under one roof. The company was incorporated in 2001 as Vishal Megamart Limited. In 2007 the company went public, later in 2011 the brand “Vishal” was sold due to operational losses to start a new journey with the name V2 Retail Ltd. The company’s business operates only in India.
Financial Results:
V2 Retail Ltd reported Revenues for Q1FY24 of ₹263.61 Crores up from ₹211.28 Crore year on year, a rise of 24.77%.
Total Expenses for Q1FY24 of ₹256.62 Crores up from ₹215.90 Crores year on year, a rise of 18.86%.
Consolidated Net Profit of ₹6.24 Crores from -₹2.83 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.80, from -₹0.82 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.