V2 Retail Limited — Investor Meet, 17-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

V2 Retail reported strong Q1 FY27 financial results: Revenue surged 58% to 997 Cr, EBITDA grew 60% to 139.5 Cr (14% margin), and PAT increased 70% to 41.9 Cr. Same-store sales growth for the quarter stood at 7.5%.

The company expanded its footprint, adding 56 net stores to reach 381 by June 30, 2026, and has since crossed the 400-store milestone. Management is confident in sustaining momentum, targeting 50% revenue growth, 8-10% SSSG, and 29-30% gross margins for FY27. Key priorities include disciplined expansion (170-200 new stores planned), product quality enhancements, and leveraging technology to improve operations and customer experience. A 4-5% price increase is anticipated from Q3 to offset rising raw material costs.