{"id":169615,"date":"2025-07-31T04:47:12","date_gmt":"2025-07-31T08:47:12","guid":{"rendered":"https:\/\/44.250.171.167\/?p=169615"},"modified":"2025-07-31T04:47:12","modified_gmt":"2025-07-31T08:47:12","slug":"v2-retail-ltd-q1-fy26-earnings-results-56-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/v2-retail-ltd-q1-fy26-earnings-results-56-rise-in-profits\/","title":{"rendered":"V2 Retail Ltd Q1 FY26 Earnings Results &#8211; 56% rise in Profits"},"content":{"rendered":"<p>Company primarily operates in Tier-II and Tier-III cities, with a chain of \u201cV2 Retail\u201d stores offering apparel and general merchandise, catering to the entire family. Presenting below are its latest Q1 FY26 earnings.<\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q1-fy26-earnings-summary-aprjun-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q1 FY26 Earnings Summary (Apr\u2013Jun 2025)<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Consolidated Revenue from Operations:<\/strong>\u00a0\u20b9632.2 crore, up 52% year-over-year (YoY) from \u20b9415 crore in Q1 FY25<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Gross Profit:<\/strong>\u00a0\u20b9186.2 crore, up 55% YoY; gross margin at 29.5% (vs 29.0% in Q1 FY25)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b987.2 crore, up 57% YoY; EBITDA margin at 13.8% (vs 13.4% in Q1 FY25); some impact from \u20b92.14 crore loss on sale of fixed assets of subsidiary<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Net Profit (PAT):<\/strong> \u20b924.7 crore, up 56% YoY from \u20b916.3 crore in Q1 FY25<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Same Store Sales Growth (SSSG):<\/strong>\u00a05% (strong May and June offset a dip in April due to Eid&#8217;s timing)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Sales Per Sq. Ft.:<\/strong>\u00a0\u20b9957 (reflects operational productivity despite larger share from new stores)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Store Network:<\/strong>\u00a0216 stores (added 28 stores and closed 1 underperforming store); retail area expanded to 23.48 lakh sq. ft<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Key Drivers:<\/strong>\u00a0Sharper merchandising, disciplined inventory management, and deeper tier 2\/3 penetration propelled revenue and margin gains<span class=\"whitespace-nowrap\">.<\/p>\n<p><\/span><\/p>\n<\/li>\n<\/ul>\n<h3 id=\"key-management-commentary--strategic-highlights\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Key Management Commentary &amp; Strategic Highlights<\/h3>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Expansion Focus:<\/strong>\u00a0Accelerated network growth in Tier 2 and Tier 3 cities to democratize fashion for emerging India<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Operational Productivity:<\/strong>\u00a0Growth driven by \u201cproduct-first\u201d strategy, improved full-price sell-throughs, and better inventory\/merchandising discipline<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Profitability Initiatives:<\/strong>\u00a0Continued <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/7bec467f-96ae-4494-b64d-de2febd49e55.pdf\" target=\"_blank\" rel=\"noopener\">efficiency in working capital<\/a>, cost management, and private label mix.<\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Outlook:<\/strong>\u00a0Management sees a <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/7bec467f-96ae-4494-b64d-de2febd49e55.pdf\" target=\"_blank\" rel=\"noopener\">strong foundation for a transformational FY26<\/a>, aided by ongoing expansion and process discipline.<\/p>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-169616 size-large\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4-839x1024.png\" alt=\"V2 Retail Limited Q1 FY26 Earnings Results\" width=\"640\" height=\"781\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png 1489w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2 id=\"q4-fy25-earnings-summary-janmar-2025\" class=\"mb-2 mt-6 text-base font-[500] first:mt-0 md:text-lg dark:font-[475] [hr+&amp;]:mt-4\">Q4 FY25 Earnings Summary (Jan\u2013Mar 2025)<\/h2>\n<ul class=\"marker:text-textOff list-disc\">\n<li>\n<p class=\"my-0\"><strong>Revenue from Operations:<\/strong>\u00a0\u20b9498.5 crore, up 68.4% YoY from \u20b9296 crore in Q4 FY24<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Net Profit (PAT):<\/strong>\u00a0\u20b96.44 crore, up 78.9% YoY from \u20b93.6 crore in Q4 FY24<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Gross Profit:<\/strong>\u00a0\u20b9137.7 crore; gross margin at 27.6%<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>EBITDA:<\/strong>\u00a0\u20b957.8 crore (implied ~11.6% margin)<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Same Store Sales Growth (full FY25):<\/strong>\u00a029%, with volume growth of 43%<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Operational Initiatives:<\/strong>\u00a0Focus on private label (now ~85% of business), increased design-led products, improving inventory turns and reducing aged stock<span class=\"whitespace-nowrap\">.<\/span><\/p>\n<\/li>\n<li>\n<p class=\"my-0\"><strong>Network Development:<\/strong>\u00a074 stores opened, 2 closed in FY25 (ending March 2025 with 189 stores\u2014grew to 216 by July)<\/p>\n<\/li>\n<\/ul>\n<p>To know more about the company, please <a href=\"https:\/\/44.250.171.167\/?post_type=post&amp;s=V2RETAIL+-+\">click here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company primarily operates in Tier-II and Tier-III cities, with a chain of \u201cV2 Retail\u201d stores offering apparel and general merchandise, catering to the entire family. Presenting below are its latest Q1 FY26 earnings. &nbsp; Q1 FY26 Earnings Summary (Apr\u2013Jun 2025) Consolidated Revenue from Operations:\u00a0\u20b9632.2 crore, up 52% year-over-year (YoY) from \u20b9415 crore in Q1 FY25. [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":169616,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,85],"tags":[12232,13068],"class_list":["post-169615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-retail-stocks","tag-retail-stores","tag-vishal-mega-mart"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":172613,"url":"https:\/\/alphastreet.com\/india\/v-mart-q2-fy26-earnings-results\/","url_meta":{"origin":169615,"position":0},"title":"V Mart Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 20, 2025","format":false,"excerpt":"V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India. \u00a0 Q2 FY26 Earnings Results Revenue from Operations: \u20b9806.9 crore, up 22.0% YoY from \u20b9660.9 crore in Q2 FY25, though down sequentially from \u20b9885.2 crore in Q1 FY26.\u200b Total\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"V Mart Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/V-Mart-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170274,"url":"https:\/\/alphastreet.com\/india\/vmart-q1-fy26-earnings-results\/","url_meta":{"origin":169615,"position":1},"title":"VMART Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 18, 2025","format":false,"excerpt":"V-Mart Retail is engaged in the business of Value Retailing through the chain of stores situated at various cities in India. Leading Value Retail Chain Operator, VMRL is in value retailing of apparel with a minor presence in non-apparel (footwear, accessories, toys\/ games, home textile, furnishing, d\u00e9cor, and appliances, etc.)\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"VMART Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-11.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":170097,"url":"https:\/\/alphastreet.com\/india\/nykaa-q1-fy26-earnings-results\/","url_meta":{"origin":169615,"position":2},"title":"Nykaa Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 12, 2025","format":false,"excerpt":"FSN E-commerce Ventures Ltd. (FSNEV) popularly known as \"Nykaa\" is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. The company has a diverse portfolio of beauty, personal care, and fashion products, including owned brand products manufactured by it. Presenting below are its Q1 FY26\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Nykaa Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/6-7.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":172445,"url":"https:\/\/alphastreet.com\/india\/trent-q2-fy26-earnings-results\/","url_meta":{"origin":169615,"position":3},"title":"Trent Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"November 17, 2025","format":false,"excerpt":"Trent Ltd is engaged in retailing of apparels, footwear, accessories, toys, games, food, grocery & non food products through various of its retail formats\/ concepts. \u00a0 Q2 FY26 Earnings Results: Consolidated Revenue from Operations: \u20b94,817.68 crore, up 16% YoY from \u20b94,156.67 crore, but down 1.35% QoQ from \u20b94,883.48 crore in\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Trent Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/11\/Trent-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169876,"url":"https:\/\/alphastreet.com\/india\/page-industries-q1-fy26-earnings-results\/","url_meta":{"origin":169615,"position":4},"title":"Page Industries Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 7, 2025","format":false,"excerpt":"Incorporated in 1995, Page Industries Limited is the exclusive licensee of JOCKEY International Inc. for manufacturing, distribution, and marketing of the JOCKEY\u00ae brand in India, Sri Lanka, Bangladesh, Nepal, and the UAE. Page Industries is also the exclusive licensee of Speedo International Ltd. for the manufacturing, marketing, and distribution of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Page Industries Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/4-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171811,"url":"https:\/\/alphastreet.com\/india\/metro-brands-q2-fy26-earnings-results\/","url_meta":{"origin":169615,"position":5},"title":"Metro Brands Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 24, 2025","format":false,"excerpt":"The company is one of the largest Indian footwear & accessories specialty retailers and are among the aspirational Indian brands in the footwear category. Its a one-stop shop for of branded products for the entire family, including men, women, unisex, and children, and for every occasion, including casual and formal\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Metro Brands Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Metro-Brands-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=169615"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/169615\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/169616"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=169615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=169615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=169615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}