V2 Retail reports consolidated net loss of Rs 10.27 crore in the March 2021 quarter

Sales rise 46.58% to Rs 189.32 crore

Net Loss of V2 Retail reported to Rs 10.27 crore in the quarter ended March 2021 as against net loss of Rs 12.08 crore during the previous quarter ended March 2020. Sales rose 46.58% to Rs 189.32 crore in the quarter ended March 2021 as against Rs 129.16 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 12.84 crore in the year ended March 2021 as against net profit of Rs 8.78 crore during the previous year ended March 2020. Sales declined 23.18% to Rs 538.65 crore in the year ended March 2021 as against Rs 701.23 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales189.32129.16 47 538.65701.23 -23 OPM %1.242.23 -9.0110.68 - PBDT1.88-3.64 LP 40.2247.10 -15 PBT-12.76-16.08 21 -15.29-3.88 -294 NP-10.27-12.08 15 -12.848.78 PL

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