V2 Retail Q2 FY27: revenue up 27.8% to ₹906 Cr, net profit up 5.8% to ₹18 Cr
Results · Finvezto · 3 Nov 2026 · V2 Retail (V2RETAIL)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 906 | -9.2% | +27.8% |
| Operating profit | 120 | -13.8% | +40.9% |
| Net profit | 18 | -56.6% | +5.8% |
| Operating margin | 13.3% | -0.7 pp | +1.2 pp |
| Net margin | 2.0% | -2.2 pp | -0.4 pp |
Key points
- For the quarter ended September 30, 2026 (Q2 FY27), V2 Retail Limited reported consolidated revenue from operations of Rs 905.6 crore (up 28% YoY), EBITDA of Rs 120.3 crore (up 41% YoY), and PAT of Rs 18.2 crore (up 6% YoY). NSE filing
- Net profit growth was restrained by higher depreciation and amortisation from ongoing store additions, while gross margin expanded 310 bps to 31.1% despite festive season demand shifting into Q3. NSE filing
- Revenue was ₹906 Cr, up 27.8% on a year earlier and down 9.2% on the quarter before. Finvezto data
Other figures
- Consolidated Profit / (Loss) After Tax: ₹18 Cr (+6.0% YoY)
What to watch
- Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 18.7%, 13.7%, 14.0%, 13.3%.
- Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 102, 18, 42, 18.
Links
NSE filing (PDF) · Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.