V2 Retail quarterly results and financials

V2 Retail (V2RETAIL)₹168.89−4.44%(9 Nov 2026 close)Speciality Retail

Key facts

In the Jun 2026 quarter (consolidated), V2 Retail reported sales of ₹997 Cr, up 57.7% from Jun 2025, and net profit of ₹42.07 Cr, up 67.9% year on year. For the year to Mar 2026, sales were ₹3,070 Cr and net profit ₹162 Cr.

Sales (Jun 2026): ₹997 Cr
Net profit (Jun 2026): ₹42.07 Cr
Sales (FY Mar 2026): ₹3,070 Cr
Net profit (FY Mar 2026): ₹162 Cr
EPS (Jun 2026): ₹1.14
Borrowings (Mar 2026): ₹993 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

V2 Retail quarterly results

₹ crore unless stated; each column is a quarter.

V2 Retail Quarterly results
	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	231	374	296	415	380	591	500	633	709	930	798	997
Expenses	212	314	266	361	348	481	443	547	625	757	691	861
Operating Profit	19.93	60.79	30.88	54.79	32.87	111	57.75	86.60	84.73	173	109	139
OPM %	9.1%	16.1%	11.1%	13.1%	9.1%	19.1%	12.1%	14.1%	12.0%	19.1%	14.1%	14.1%
Other Income	2.01	3.01	1.01	1.01	3.01	1.01	2.01	0.99	1.01	32.02	4.01	1.01
Interest	12.02	12.02	13.01	14.03	15.03	18.02	21.03	23.05	28.06	22.05	24.04	25.02
Depreciation	17.99	20.96	18.98	20.99	22.96	25.98	27.96	31.97	37.97	45.97	66.89	63.90
Profit before tax	−8.03	31.10	0.00	22.05	−2.01	69.20	10.03	33.08	21.07	138	22.05	52.15
Tax %	−33.1%	25.0%	−7,100.1%	25.0%	−20.1%	24.9%	38.0%	26.0%	18.0%	26.0%	21.9%	19.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	21.09	0.00	0.00
Net Profit	−6.01	24.05	4.01	16.04	−2.01	51.10	6.01	25.06	17.03	103	18.04	42.07
EPS (Rs)	−0.15	0.67	0.09	0.46	−0.05	1.47	0.18	0.70	0.49	2.81	0.47	1.14

V2 Retail profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

V2 Retail Profit and loss
	Mar 2015	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	287	702	538	629	839	1,167	1,886	3,070	3,435
Expenses	259	626	490	565	756	1,020	1,630	2,606	2,934
Operating Profit	27.89	76.73	49.82	66.70	84.60	148	259	470	505
OPM %	10.1%	11.1%	9.1%	11.1%	10.1%	13.1%	14.1%	15.1%	14.7%
Other Income	2.01	15.01	23.02	16.02	7.01	7.01	6.01	25.03	38.05
Interest	10.01	33.03	33.04	39.02	42.03	49.04	70.10	100	99.17
Depreciation	1.99	50.98	55.97	58.92	66.93	76.92	98.84	182	215
Profit before tax	18.06	9.03	−15.05	−15.04	−17.05	31.08	98.28	215	234
Tax %	46.9%	−1.0%	−16.1%	−21.1%	−24.1%	10.9%	27.0%	23.9%	—
Exceptional items	0.00	13.06	0.00	0.00	0.00	0.00	0.00	19.07	21.09
Net Profit	10.03	9.02	−13.03	−12.03	−13.03	28.05	72.13	162	180
EPS (Rs)	0.40	0.25	−0.37	−0.33	−0.36	0.79	2.07	4.43	4.91
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

V2 Retail balance sheet

₹ crore, at each year end.

V2 Retail Balance sheet
	Mar 2015	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	23.97	33.90	33.88	33.88	33.90	34.89	34.88	35.89
Reserves	250	244	234	223	212	239	311	862
Borrowings	69.06	326	395	397	423	524	870	993
Other Liabilities	60.71	114	147	135	122	226	379	522
Total Liabilities	404	719	810	789	791	1,024	1,595	2,414
Fixed Assets	17.96	338	394	393	407	479	861	965
CWIP	0.99	3.99	4.99	0.00	0.00	0.00	3.99	35.95
Investments	30.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	354	377	413	396	384	545	729	1,413
Inventories	79.10	215	302	291	279	419	558	1,143
Trade receivables	0.00	0.00	0.99	1.01	0.00	0.00	0.00	2.01
Cash & equivalents	0.99	67.72	22.91	6.97	4.98	9.96	8.97	6.97
Total Assets	404	719	810	789	791	1,024	1,595	2,414

V2 Retail cash flow

₹ crore, for each year.

V2 Retail Cash flow
	Mar 2015	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	34.87	73.83	2.99	58.82	85.73	92.71	200	−103
Cash from investing activity	−5.98	6.99	−19.95	−15.97	−11.97	−38.89	−130	−219
Cash from financing activity	−30.03	−28.04	−22.02	−58.08	−76.13	−50.07	−71.05	319
Net cash flow	−1.01	52.19	−39.11	−15.06	−2.01	5.01	0.00	−3.01
Capex	6.01	11.02	28.05	17.03	13.03	39.05	0.00	0.00
Free cash flow	28.95	62.93	−23.97	42.96	72.84	55.90	201	−103
CFO / OP %	123.0%	96.0%	7.0%	86.0%	100.0%	63.0%	87.0%	−11.0%

V2 Retail ratios

Working-capital days and returns, by year.

V2 Retail Ratios
	Mar 2015	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	0	0	0	1	0	0	0	0
Inventory days	140	155	307	263	183	198	158	194
Days payable	63	75	134	108	70	92	92	79
Cash conversion cycle	79	81	174	156	114	107	66	116
Working capital days	−28	39	71	69	50	41	18	47
ROCE %	8.1%	—	3.0%	4.0%	4.0%	11.1%	17.1%	19.1%

V2 Retail: frequently asked questions

What are the latest quarterly results of V2 Retail?

For the Jun 2026 quarter, V2 Retail reported sales of ₹997 Cr, up 57.7% year on year and net profit of ₹42.07 Cr, up 67.9% year on year. The operating margin was 14.1%.

What is the annual revenue of V2 Retail?

V2 Retail's sales for the year to Mar 2026 were ₹3,070 Cr; over the last twelve months they were ₹3,435 Cr.

What is the net profit of V2 Retail?

Net profit for the year to Mar 2026 was ₹162 Cr, and ₹180 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.91.

How much debt does V2 Retail have?

V2 Retail reported borrowings of ₹993 Cr at Mar 2026, against cash and equivalents of ₹6.97 Cr.

What is the free cash flow of V2 Retail?

Cash from operations was −₹103 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹103 Cr.

Loading…