V2 Retail Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting

V2 Retail has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue surged to Rs. 1,891.46 Cr from Rs. 1,172.22 Cr last year. Profit before tax soared to Rs. 98.22 Cr, while net profit jumped 159% to Rs. 72.03 Cr. Operating cash flow showed a healthy improvement at Rs. 222.95 Cr. The company is optimistic about recovering a Rs. 14.94 Cr advance related to a long-term advertising contract. Despite a qualified audit report due to ongoing fixed asset verification, volume growth and profitability are back on track with controlled expenses.