Latest news with #V2Retail
Fashion Network
4 days ago
- Business
- Fashion Network
V2 Retail Q4 net profit rises 79 percent to Rs 6 crore
Value fashion retailer V2 Retail Ltd reported a 79 percent increase in net profit to Rs 6 crore for the fourth quarter ended March 31, as against Rs 6 crore in the year-ago quarter. The company's revenue for the quarter rose by 69 percent to Rs 499 crore, as against Rs 296 crore in the corresponding quarter of the previous fiscal year. For the full financial year, the company's net profit stood at Rs 72 crore on a sales revenue of Rs 1,884 crore. Commenting on the results, Ram Chandra Agarwal, chairman managing director in a statement said, 'FY 2025 has set a new performance benchmark with highest ever revenue and profit after tax (PAT). Despite a challenging environment marked by a high base and muted consumer sentiment, the Company has achieved industry-leading performance.' 'This exceptional outcome underscores the effectiveness of our strategic initiatives, which have driven innovation in product development, enriched the in-store experience, and significantly enhanced customer satisfaction. At V2 Retail, we believe the initiatives executed so far, along with those currently in progress have strong potential to further elevate our performance in the future,' he added. During the financial year, the company opened 74 new stores and closed 2 stores to end the year with a store count of 189 with a total retail area of 20.27 lac sq ft.
Business Standard
28-05-2025
- Business
- Business Standard
V2 Retail consolidated net profit rises 78.89% in the March 2025 quarter
Sales rise 68.39% to Rs 498.51 crore Net profit of V2 Retail rose 78.89% to Rs 6.44 crore in the quarter ended March 2025 as against Rs 3.60 crore during the previous quarter ended March 2024. Sales rose 68.39% to Rs 498.51 crore in the quarter ended March 2025 as against Rs 296.04 crore during the previous quarter ended March 2024. For the full year,net profit rose 159.01% to Rs 72.03 crore in the year ended March 2025 as against Rs 27.81 crore during the previous year ended March 2024. Sales rose 61.80% to Rs 1884.50 crore in the year ended March 2025 as against Rs 1164.73 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 498.51296.04 68 1884.501164.73 62 OPM % 11.6010.61 - 13.6812.69 - PBDT 38.2819.52 96 196.87108.09 82 PBT 10.350.05 20600 98.2231.37 213 NP 6.443.60 79 72.0327.81 159
India.com
27-05-2025
- Business
- India.com
Meet Uma Agarwal, wife of Vishal Mega Mart founder, as beautiful as any Bollywood actress, she is known for...
New Delhi: Social media is currently abuzz with memes showing netizens' desire to work as the security guard at Vishal Mega Mart. People are jokingly calling it their dream job. Amid all this, the founder of Vishal Mega Mart, Ram Chandra Agarwal, has also come into the spotlight. Ram Chandra began his journey with a humble photocopy shop and went on to establish a successful supermarket chain. He eventually sold the business for ₹70 crore and launched V2 Retail, which propelled his wealth from ₹70 crore to an impressive Rs 6,500 crore. That's Ram Chandra's story, but now his wife Uma Agarwal is also making headlines. In this article, we will talk about Uma, her stylish appearance, liefestyle etc. Whether in western outfits or traditional Indian wear, she adds a glamorous touch and looks no less than a film actress. Ram Chandra Agarwal and Uma Agarwal: Uma Agarwal is the whole-time director of V2 Retail Limited. The couple has two children, Akash Agarwal and Shreya Agarwal. While Akash is also the full-time director of V2 Retail Limited, not much is known about Shreya's role in the company. Uma Agarwal's daughter, Shreya Agarwal, is reportedly studying at USC Marshall School of Business, US. She has 21.7K followers on her Instagram handle and never misses a chance to impress everyone with her stunning pictures. Talking about her brother, Akash Agarwal, he is working with his father to expand their family business and is reportedly dating a stunning speech and language therapist named Ines Knani. All You Need to Know About Uma Agarwal Uma Agarwal is an Arts graduate and has over 17 years of hands-on experience in the retail industry Uma has been a member of the Board of Directors since the company's inception on July 27, 2001. She holds 3,44,000 equity shares in V2 Retail Ltd and plays a significant role in overseeing the marketing strategies of the company. Her expertise in the retail sector has been instrumental in scaling the company to new heights, and she is eligible to retire by rotation with a remuneration of up to Rs. 5,00,000 per month.
Economic Times
11-05-2025
- Business
- Economic Times
IPL Portfolio: Mid-innings, momentum & market mavericks — smallcase manager Piyush Mehta picks his dream 11
Tired of too many ads? Remove Ads How should investors handle the unpredictable and fast paced bowling by Trump? As Orange Cap winner in IPL leads runs, which stocks are leading by momentum and consistency in returns? While aggressive batsmen rule T20s, grounded all-rounders bring balance. Which defensive stocks bring stability amid volatility? Tired of too many ads? Remove Ads Which industries—tech, FMCG, bank, or EV—are leaving a huge mark like the most runaway IPL teams? If you were to construct a Dream 11 portfolio today, which stocks or sectors would find a place in your team? TARIL (opening batsman) Ujjivan (opening batsman) JSFB (middle order) Transrail (middle order) Jash (middle order) Ceinsystech (all-rounder) Kamat Hotels (all-rounder) Samhi (spinner) KPEL (spinner) Style Bazaar (fast bowler) V2 Retail (fast bowler) Vishnu Chemicals (12th man) If markets were a T20 match, where are we in the innings currently – early overs, slog overs, or a mid-innings slowdown? As markets play through a mid-innings slowdown, Piyush Mehta of Caprize Investment builds his Dream 11 portfolio with a mix of aggressive openers and steady all-rounders. From power plays in manufacturing to defensive picks that weather global googlies, Mehta lays out a winning strategy for volatile excerpts from a chat:Firstly, investors should focus on earnings and ignore all the noise on tariffs, yields and currency. Trump's anti-China rhetoric will benefit India massively along with other small Asian countries. While it is difficult to assimilate its immediate impact, our sense is that companies with strong engineering and manufacturing capabilities will benefit the most. China's pain will be India's gain and we are already seeing domestic companies getting multiple queries from US based like Panacea Bio, Rajesh Power, Style Bazaar, Jash Engineering are closing in on their all-time highs due to strong earnings like Jash Engg, V2 Retail, private banks, Bharti continue to be unfazed by global volatility and geo-political flare and power transmission, consumption/premiumization and water are sectors where we see structural secular runways for growthWe are in a mid-innings slowdown where markets and valuations will consolidate. Expect a strong turnaround in earnings and in the market before the start of H2FY26.
Time of India
11-05-2025
- Business
- Time of India
IPL Portfolio: Mid-innings, momentum & market mavericks — smallcase manager Piyush Mehta picks his dream 11
How should investors handle the unpredictable and fast paced bowling by Trump? As Orange Cap winner in IPL leads runs, which stocks are leading by momentum and consistency in returns? While aggressive batsmen rule T20s, grounded all-rounders bring balance. Which defensive stocks bring stability amid volatility? Live Events Which industries—tech, FMCG, bank, or EV—are leaving a huge mark like the most runaway IPL teams? If you were to construct a Dream 11 portfolio today, which stocks or sectors would find a place in your team? TARIL (opening batsman) Ujjivan (opening batsman) JSFB (middle order) Transrail (middle order) Jash (middle order) Ceinsystech (all-rounder) Kamat Hotels (all-rounder) Samhi (spinner) KPEL (spinner) Style Bazaar (fast bowler) V2 Retail (fast bowler) Vishnu Chemicals (12th man) If markets were a T20 match, where are we in the innings currently – early overs, slog overs, or a mid-innings slowdown? (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As markets play through a mid-innings slowdown, Piyush Mehta of Caprize Investment builds his Dream 11 portfolio with a mix of aggressive openers and steady all-rounders. From power plays in manufacturing to defensive picks that weather global googlies, Mehta lays out a winning strategy for volatile excerpts from a chat:Firstly, investors should focus on earnings and ignore all the noise on tariffs, yields and currency. Trump's anti-China rhetoric will benefit India massively along with other small Asian countries. While it is difficult to assimilate its immediate impact, our sense is that companies with strong engineering and manufacturing capabilities will benefit the most. China's pain will be India's gain and we are already seeing domestic companies getting multiple queries from US based like Panacea Bio, Rajesh Power, Style Bazaar, Jash Engineering are closing in on their all-time highs due to strong earnings like Jash Engg, V2 Retail, private banks, Bharti continue to be unfazed by global volatility and geo-political flare and power transmission, consumption/premiumization and water are sectors where we see structural secular runways for growthWe are in a mid-innings slowdown where markets and valuations will consolidate. Expect a strong turnaround in earnings and in the market before the start of H2FY26.
