V2 Retail - Second innings playing out well

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V2 Retail Q3FY2026 Results

  1. Revenue grew by 57%, PBT grew by 60.9%
  2. PAT grew by 100%, but there was exceptional gain of 27.69 crores. Excluding the exception gain due to change in lease terms, the EPS grew by 57%, in line with revenue growth.

Other metrics from previous Business Update for Q3

  1. SSSG 2%, Normalised for Festive period shift ~12.8%. But the better metric is commulative SSSG for Q2+Q3, which stood at 10.4%.
  2. As of 16/01/2026 update, their stores were 300, with 111 net additions in FY2026 till the date

Waiting for PPT Concall for further updates.

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