V2 Retail Limited — Updates, 23-01-2025: Press Release

V2 Retail Limited has reported impressive financial results for the third quarter and nine months of FY25. For Q3, revenue increased 58% year-on-year to ₹590.9 crores, driving a record profit after tax (PAT) of ₹51.2 crores, up 117% from the previous year. EBITDA for the quarter reached ₹111.5 crores, marking an 83% growth. The nine-month figures reflect a revenue growth of 60% at ₹1,386 crores, with PAT soaring 172% to ₹65.6 crores. The company's strong performance is attributed to significant same-store sales growth (SSG) of 31% and robust volume growth, supported by its strategic initiatives aimed at enhancing customer experience and expanding its footprint in Tier 2 and Tier 3 cities. With continued momentum in store openings and a healthy pipeline, V2 Retail is well-positioned for sustained growth, making it an attractive consideration for investors.