India Ratings and Research has upgraded V2 Retail Limited's bank loan facilities to 'IND A'/Positive/'IND A1'. The upgrade reflects 60% year-on-year growth and store network expansion.
V2 Retail Limited appointed Mr. Manu Agarwal and Mr. Dinesh Malpani as Presidents of Buying & Merchandising and Operations respectively. Both appointments were effective August 13, 2026.
V2 Retail reported strong Q1 FY27 performance with 58% YoY revenue growth and 60% EBITDA growth, driven by aggressive store expansion and operational efficiency.
V2 Retail Limited successfully reached a milestone of 400 stores. The company reported adding 75 new stores on a net basis during the current financial year.
V2 Retail Limited's Board of Directors will meet on August 13, 2026. The agenda includes considering and approving un-audited financial results for Q1 FY27.
V2 Retail Limited successfully conducted its 25th Annual General Meeting on July 31, 2026. Key agenda items included adopting financial statements and re-appointing Mr. Ram Chandra Agarwal.
V2 Retail Limited has issued a notice for its 25th AGM on July 31, 2026. Agenda includes adopting financial statements and re-appointing its Chairman & Managing Director.
V2 Retail Ltd filed its BRSR for FY 2025-26, disclosing operations across 327 locations and 10,561 employees. The report details CSR compliance and stakeholder grievance mechanisms.
V2 Retail delivered explosive growth in Q4 FY26 with 60% revenue growth and a record PAT of ₹17.5cr, driven by aggressive store expansion and strong operational discipline.
V2 Retail reported robust FY26 performance with revenue growing 63% and PAT surging 125%. The company continues its aggressive store expansion strategy in Tier-II and Tier-III cities.
V2 Retail Limited re-appointed Mr. Ram Chandra Agarwal as Chairman and Managing Director for five years. His leadership continues as the company focuses on retail growth.
V2 Retail Limited will hold its 25th Annual General Meeting on July 31, 2026, via video conferencing. The meeting will address business for the 2025-26 fiscal year.
V2 Retail reported consolidated annual revenue of ₹3,067.05 Crore and profit after tax of ₹162.06 Crore for FY2026. The results received an unmodified audit opinion.
V2 Retail Limited scheduled a board meeting on May 28, 2026, to approve audited financial results. The trading window remains closed until 48 hours after declaration.
Ricon Commodities Private Limited, part of the promoter group of V2 Retail Limited, pledged 33,50,000 shares (0.91% stake) as collateral for a loan. The pledge was created in favor of Infina Finance (P) Ltd on March 30, 2026.