V2 Retail Hits 5% Upper Circuit, Posts Healthy Q2 Results with ₹17.2 Crore Net Profit
AI Summary1 min read
TL;DR
V2 Retail shares surged 5% after strong Q2 results, turning a net profit of ₹17.2 crore from a loss last year. Revenue jumped 86% to ₹708.6 crore, with Ebitda more than doubling.
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V2 RetailQ2 ResultsNet ProfitRevenue GrowthUpper Circuit
V2 Retail shares hit 5% upper circuit after posting Q2 results with a consolidated net profit of ₹17.2 crore, up from a net loss of ₹1.9 crore a year ago. Revenue from operations increased 86% to ₹708.6 crore, and Ebitda rose to ₹85.4 crore from ₹33.1 crore Y-o-Y. The company operates 259 stores with a total retail area of 27.94 lac sq. ft.
