V2 Retail Limited — Important, 02-01-2025: Updates

Standalone revenue from operations for Q3 FY25 reached ₹591.03 crores, marking a significant 58% increase year-over-year. The company achieved a robust Same Store Sales Growth (SSG) of approximately 25% compared to the same quarter last year, highlighting strong consumer demand. Monthly Sales per Square Foot (PSF) improved to ₹1,219, up from ₹1,085 in Q3 FY24.

As of December 31, 2024, V2 Retail operated 160 stores, having successfully opened 21 new locations during the quarter, contributing to a total retail area of approximately 17.22 lakh sq. ft. For the nine months ended December 31, 2024, revenue surged to ₹1,385.19 crores with an impressive SSG of around 31%, reflecting sustained operational performance. PSF for this period stood at ₹1,069, up from ₹862 in 9M FY24. With strategic expansion underway, V2 Retail presents a positive outlook for continued growth and market presence.