V2 Retail Limited — Important, 02-04-2025: Updates
V2 Retail Limited has shared a strong performance update for Q4 FY25 and the entire fiscal year, highlighting significant growth and transformation in its operations.
In Q4 FY25, standalone revenue surged to ₹499 crore, marking a robust 69% year-over-year increase, driven by heightened product demand and enhanced store experience. Same Store Sales Growth (SSG) stood at 24%, underpinned by a data-driven assortment strategy. The company also reported growth in Sales Per Square Feet (PSF), reaching ₹896, up from ₹830 in Q4 FY24.
For FY25, full-year revenue reached ₹1,885 crore, reflecting a remarkable 62% y-o-y growth, while annual SSG increased to 29%. PSF for the year improved to ₹1,017, driven by optimized space planning. The expansion momentum continued, with 74 new store openings during the year, bringing the total store count to 189, reinforcing the company's presence in Tier 2 and Tier 3 cities.
With this solid performance, V2 Retail is well-positioned for sustained growth in the value fashion sector, driven by innovation and customer-centric initiatives. Investors should monitor this trajectory closely for potential growth opportunities.
