V2 Retail shares jump 3% after company reports 51% YoY revenue growth in Q1 FY26
Shares of V2 Retail rose over 3% in morning trade on July 3 after the company reported a robust business performance for Q1 FY26, signalling a strong start to the financial year. As of 9:15 AM, the shares were trading 3.08% higher at Rs 1,880.00.
The company posted a 51% year-on-year rise in standalone revenue to ₹628 crore in Q1 FY26, up from ₹415 crore in Q1 FY25. This sharp growth reflects the success of V2's product-first strategy, better sell-through, and wider market reach.
Same-store sales growth (SSSG) normalised at 10%, with strong double-digit growth seen in May and June, despite an early Eid impact in April. Sales per square foot stood at ₹957, underscoring improved store-level productivity.
V2 Retail added 28 new stores during the quarter and closed one underperforming outlet, taking the total store count to 216. The company's retail footprint now spans 23.48 lakh sq. ft, with a continued focus on Tier 2 and Tier 3 cities.
Efficient merchandising, quick stock replenishment, and tighter inventory control helped boost margins and operational efficiency. Management reaffirmed confidence in sustaining momentum through FY26, citing innovation, data-led planning, and strong customer loyalty as key growth drivers.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
ArisInfra Solutions shares surge 6% after subsidiary bags project in Bangalore's Nandi Hills
Shares of ArisInfra Solutions jumped 6% after its subsidiary, ArisUnitern RE Solutions Pvt. Ltd. (AUPL), secured a significant Development Management project in the high-growth Nandi Hills region of Bangalore. As of 11:12 AM, the shares were trading Rs 169.54 higher at Rs 5.91%. The project, commissioned by Village Wave Pvt. Ltd., spans 21.93 acres with a Gross Development Value (GDV) of approximately ₹288 crore. AUPL has been awarded exclusive rights to supply all construction materials and deliver end-to-end development management services, including project monitoring, sales, and collections. This contract is expected to add nearly ₹100 crore to ArisInfra's consolidated order book, further enhancing the company's asset-light, high-margin business model. The project win also reinforces ArisInfra's strategy of collaborating with developers and contractors to secure exclusive supply agreements and expand its distribution network. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
3 hours ago
- Business Upturn
Godavari Biorefineries share hits 5% upper circuit on Europe patent win for novel anti-cancer molecule
By Aman Shukla Published on July 4, 2025, 09:31 IST Shares of Godavari Biorefineries surged 5% and hit the upper circuit on July 4, following a key announcement regarding a major breakthrough in its anti-cancer research efforts. In a regulatory filing to the NSE and BSE, the company revealed that it has been granted a European patent for its novel anti-cancer molecule, which has demonstrated high potency against both cancer cells and cancer stem cells. This compound is now officially validated in Spain, the UK, and as a Unitary Patent across Europe. The development falls under the company's 'Anti-Cancer Research Segment', highlighting its focus on cutting-edge oncology innovation. According to the company, this patent not only strengthens its intellectual property portfolio but also reinforces its commitment to developing next-generation cancer therapies. Investors responded positively to the news, sending the stock to its daily upper limit. The development is seen as a significant milestone, potentially opening doors for future collaborations, licensing deals, and expansion into global pharmaceutical markets. This is part of Godavari Biorefineries' broader strategy to diversify into high-value bio-based research areas, beyond its traditional ethanol and bio-chemicals business. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
3 hours ago
- Business Upturn
PC Jeweller shares jumps 4% after reporting 80% YoY revenue growth in Q1 FY26
By Aman Shukla Published on July 4, 2025, 09:28 IST PC Jeweller shares rose 4% in early trade on July 4 after the company reported robust performance for the quarter ended June 30, 2025. As of 9:26 AM, the shares were trading 4.56% higher at Rs 14.66. According to its latest business update, PC Jeweller posted approximately 80% standalone revenue growth year-on-year, driven by strong demand for wedding and festive jewellery. Despite volatility in gold prices during the quarter, the company maintained strong customer trust and recorded impressive sales momentum. It closed the quarter 'on a very strong note,' highlighting the success of its ongoing operational revamp and improved internal processes. The jewellery retailer also made notable progress in strengthening its balance sheet. After cutting its outstanding dues to bankers by over 50% in FY25, PC Jeweller reduced its debt further by 7.5% in Q1 FY26. The company reiterated its aim of becoming completely debt-free by the end of the current fiscal year. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
