V2 Retail touches roof on reporting 58% growth in standalone revenue from operations in Q3FY25
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
V2 Retail is locked its upper circuit limit at Rs. 1725.90, up by 82.15 points or 5.00% from its previous closing of Rs. 1643.75 on the BSE.
The scrip opened at Rs. 1725.90 and has touched a high and low of Rs. 1725.90 and Rs. 1679.50 respectively. So far 5246 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 1734.00 on 01-Jan-2025 and a 52 week low of Rs. 310.10 on 24-Jan-2024.
Last one week high and low of the scrip stood at Rs. 1734.00 and Rs. 1561.50 respectively. The current market cap of the company is Rs. 5969.77 crore.
The promoters holding in the company stood at 54.30%, while Institutions and Non-Institutions held 5.14% and 40.56% respectively.
V2 Retail has reported a 58.13% increase in standalone revenue from operations to Rs 591.03 crore for the December quarter (Q3FY25) as compared to Rs 373.76 crore in Q3FY24. The Company has achieved Same Store Sales Growth (SSG) of around 25% in Q3FY25 as compared to Q3FY24, reflecting strong consumer demand and operational efficiency.
The total number of stores as of December 31, 2024, stands at 160, with 21 new store openings during the quarter. V2 Retail continues its strategic expansion into key markets, bringing the total retail area to around 17.22 lakh sq.ft.
V2 Retail offers an unparalleled retail mix combined with value and variety to its shoppers.
