V2 Retail forecasts 50% revenue growth by FY27
after close1 source ↓written by the desknot a recommendation
- in net profit
- 70% increase
- for Q1 FY27
- ₹41.9 crore
- in revenue
- 58% rise
- in revenue
- ₹997.2 crore
- also surged
- 60%
V2 Retail reported a 70% increase in net profit to ₹41.9 crore for Q1 FY27, driven by a 58% rise in revenue to ₹997.2 crore. EBITDA also surged by 60% to ₹139.5 crore. The company anticipates 50% revenue growth for FY27, supported by a 10% increase in capital expenditure. 📈
This strong performance reflects robust demand and effective pricing strategies, which may enhance investor sentiment in the retail sector.
Not investment advice. For informational purposes only.