V2 Retail's Q1 FY 2025-26 Quarter Results
- 1d ago
Result Summary
- V2 Retail Ltd reported a 113.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 52.0%.
- Its expenses for the quarter were up by 102.0% QoQ and 52.0% YoY.
- The net profit increased 585.0% QoQ and increased 50.9% YoY.
- The earnings per share (EPS) of V2 Retail Ltd stood at 7.1 during Q1 FY 2025-26.
Financial Statments for Q1 FY 2025-26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 633.14 | 296.98 | 416.43 | 113.2% | 52.0% |
Total Expenses | 599.84 | 296.93 | 394.66 | 102.0% | 52.0% |
Profit Before Tax | 33.29 | 0.05 | 21.77 | 66480.0% | 52.9% |
Tax | 8.63 | -3.55 | 5.43 | -343.1% | 58.9% |
Profit After Tax | 24.66 | 3.60 | 16.34 | 585.0% | 50.9% |
Earnings Per Share | 7.10 | 1.00 | 4.70 | 610.0% | 51.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
V2 Retail Ltd is a prominent player in the Indian retail sector, specializing in fashion and lifestyle products. The company operates a chain of retail stores spread across various parts of India, offering a wide array of clothing, accessories, and general merchandise primarily targeting middle-class consumers. The company is known for its affordability and diverse product range aimed at providing value-for-money offerings. Recent developments in the company are not available based on the provided data. V2 Retail Ltd continues to strive for growth and expansion in a competitive retail environment, focusing on enhancing its customer base and market presence.
Revenue
V2 Retail Ltd reported a total income of ₹633.14 crores in Q1FY26, reflecting a substantial growth from ₹296.98 crores in Q4FY25 and ₹416.43 crores in Q1FY25. This represents a quarter-over-quarter (QoQ) increase of 113.2% and a year-over-year (YoY) increase of 52.0%. The significant rise in total income over the previous quarters may be attributed to various factors including increased sales, expanded store presence, or successful promotional activities. Such a notable increase in revenue highlights the company's efforts to enhance its market share and customer outreach.
Profitability
In terms of profitability, V2 Retail Ltd achieved a profit before tax (PBT) of ₹33.29 crores in Q1FY26, a considerable jump from ₹0.05 crores in Q4FY25 and ₹21.77 crores in Q1FY25. The QoQ increase stands at 66480.0%, while the YoY increase is 52.9%. After accounting for tax expenses, the profit after tax (PAT) was ₹24.66 crores for Q1FY26, up from ₹3.60 crores in Q4FY25 and ₹16.34 crores in Q1FY25, marking a QoQ growth of 585.0% and a YoY growth of 50.9%. Earnings per Share (EPS) also increased to ₹7.10 in Q1FY26 from ₹1.00 in Q4FY25 and ₹4.70 in Q1FY25, reflecting a QoQ rise of 610.0% and a YoY rise of 51.1%. These figures illustrate the company's enhanced profitability over the given periods.
Operating Metrics
The total expenses for V2 Retail Ltd in Q1FY26 were ₹599.84 crores, compared to ₹296.93 crores in Q4FY25 and ₹394.66 crores in Q1FY25. This indicates a QoQ increase of 102.0% and a YoY increase of 52.0%. The significant rise in expenses is in line with the increase in total income, suggesting operational scaling. Tax expenses for Q1FY26 were ₹8.63 crores, contrasting with a tax credit of ₹-3.55 crores in Q4FY25 and a tax expense of ₹5.43 crores in Q1FY25, indicating a QoQ change of -343.1% and a YoY change of 58.9%. The changes in tax expenses may reflect adjustments in the company's tax strategy or variations in taxable income. Overall, these operating metrics provide insights into the company's cost management and taxation dynamics.