V2 Retail Limited reported a significant rise in profit and revenue for the third quarter of the 2025-26 financial year, driven by aggressive store expansion and strong consumer demand, according to regulatory filings and market updates.
For the quarter ended 31st December 2025, consolidated revenue increased by approximately 57% year-on-year to around Rs. 929.2 crore (US $ 102 million), up from about Rs. 590.9 crore (US $ 65.44 million) in the corresponding period of the previous fiscal year. Profit after tax (PAT) nearly doubled, rising by about 99% to a record Rs. 102.1 crore (US $ 11.31 million), surpassing the company’s full-year profit for 2024-25.
V2 Retail’s earnings before interest, tax, depreciation and amortisation (EBITDA) also showed strong growth, increasing by more than 55% to approximately Rs. 173.7 crore (US $ 19.23 million), with an EBITDA margin of around 18.7% for the quarter.
The company continued its nationwide expansion strategy during the quarter, opening 35 new stores and bringing its total network to 294 outlets across India, with a combined retail footprint of roughly 31.93 lakh square feet. Management commentary highlighted the importance of extending presence in Tier-2 and Tier-3 markets to capture demand from value-conscious consumers.
For the nine months ended 31st December 2025, V2 Retail’s consolidated revenue was reported at around Rs. 2,270 crore (US $ 251 million), representing a year-on-year increase of about 64%, while net profit climbed approximately 119% to Rs. 144 crore (US $ 15.95 million). The company’s strategic initiatives emphasised disciplined expansion, disciplined inventory deployment and operational efficiency to sustain growth.
Market analysts noted that the strong financial performance reflects robust demand in the value retail segment and effective execution of the company’s expansion plans. Investors will be watching how V2 Retail leverages its expanded footprint and continued consumer appetite to maintain growth momentum in coming quarters.
