shares of V2 Retail Their 5 percent increased to upper circuit 1,725.90 crore after the company reported 58.1 per cent growth in standalone revenue from operations in the December quarter of FY20. Value retailer’s revenue increased As compared to Rs 591.03 crore in Q3FY25 It stood at Rs 373.76 crore in the same period last year, according to regulatory filings with the Bombay Stock Exchange (BSE).
The company attributed the strong performance to strong consumer demand and operational efficiency, which led to an impressive same-store sales growth (SSG) of 25 percent year-on-year.
During the quarter, V2 Retail expanded its footprint with the opening of 21 new stores, taking its total number of outlets to 160 by December 2024. The total retail area now stands at 17.22 lakh square feet, marking a major strategic expansion of the company. market,
Ram Chandra Agarwal, promoter of V2 Retail, emphasized that the company’s strong SSG and operational efficiency have been crucial in driving its growth.
For the nine months ending December 31, 2024 (9M FY25), V2 Retail’s revenue from operations increased 59 percent year-on-year 1,385.19 crore, surpassing its full year revenue for FY24. The company also recorded a remarkable SSG of 31 percent during the period.
stock price performance
V2 Retail store Has performed brilliantly by giving multibagger returns in the last one year. The stock has surged nearly 375 percent in the last 12 months to all-time highs 1,734 on January 1, 2025. From its 52-week low At Rs 310.10 in January last year, the stock has gained an impressive 456 per cent.
V2 Retail’s focus on expanding its store network and increasing operational efficiency positions it well for continued growth. The company’s ability to deliver strong SSG, coupled with its expansion into key markets, highlights its flexibility and adaptability in a competitive retail environment.
