V2 Retail Ltd News

V2 Retail shares hit 5% upper circuit after posting 118% rise in profit YoY

V2 Retail released its Q3 results on Thursday, after market hours, which showed that the company's consolidated net profit rose 118 per cent to Rs 685 crore as compared to Rs 314 crore a year ago

V2 Retail locked in 5% upper circuit on robust growth in Q3 update

Shares of V2 Retail were locked in a 5 per cent upper circuit at Rs 1,725.90 a piece on the BSE in Friday's intraday trade

V2 Retail's revenue from operations increases 58.1% to Rs 591 crore in Q3

V2 Retail on Thursday reported a 58.1 per cent increase in standalone revenue from operations to Rs 591.03 crore for the December quarter. The value retailer reported revenue from operations of Rs 373.76 crore in the October-December quarter a year ago, V2 Retail told the BSE in a regulatory filing. "Standalone revenue from operations for the quarter ended (QE) December 31, 2024 stood at Rs 591.03 crore registering a 58 per cent YoY growth," V2 Retail said while sharing the quarter-end update. The total number of stores as of December 2024 stood at 160, with 21 new openings during the quarter. "V2 Retail continues its strategic expansion into key markets, bringing the total retail area to 17.22 lakh sq ft," it said. The Ram Chandra Agarwal-promoted company has achieved same store sales growth of 25 per cent in Q3, FY25 as compared to Q3, FY24, helped by a "strong consumer demand and operational efficiency", it added. Shares of V2 Retail Ltd on Thursday settle at Rs 1,643.75 on th

V2 Retail aims for Rs 2,800 crore revenue; 250 stores in two years

Company aims for Rs 2,800 cr revenue, 250 stores in next two years

Motilal Oswal MF buys 2% in smallcap stock that is up 1,515% in 16 months

V2 Retail was locked in 5% upper circuit at Rs 1,284.85 on the NSE after Motilal Oswal MF bought a 2 per cent stake in the company via the open market on Monday.

Lighthouse Advisors pares over 2% stake in V2 Retail for Rs 85 crore

Private equity firm Lighthouse Advisors on Monday divested a 2 per cent stake in value retail chain V2 Retail for Rs 85 crore via open market transaction, while Motilal Oswal Mutual Fund acquired shares of the company. The Mumbai-based Lighthouse Advisors through its affiliate India 2020 Fund II Ltd sold over 7.34 lakh shares, amounting to a 2.12 per cent stake in V2 Retail, as per the block deal data available on the NSE. The shares were offloaded at an average price of Rs 1,160 apiece, taking the transaction value to Rs 85.23 crore. After the stake sale, Lighthouse Advisors' holding in V2 Retail has come down to 4.24 per cent from 6.36 per cent. These shares were purchased by Motilal Oswal Mutual Fund at the same price, the data showed on the National Stock Exchange (NSE). Shares of V2 Retail jumped 5 per cent to end at Rs 1,223.70 apiece on the NSE. In a separate transaction on the BSE, SBI Mutual Fund purchased 3.72 lakh shares or 2.3 per cent stake in Alicon Castalloy for Rs