V2 Retail's September-quarter revenue rises 28.4% to ₹905 crore; shares close 16.63% lower

What happened

• V2 Retail reported standalone revenue of ₹905 crore for the September 2026 quarter, up 28.4% from a year earlier, according to Upstox and ScanX.
• It added 49 stores, taking the total to 427.
• Same-store sales growth was 0.5% on a festival-normalised basis, according to both outlets.
• The shares fell as much as 19.3% during the session, according to Upstox, and closed at ₹167.90, down 16.63%. The day's low of ₹162.33 is the lowest of the past 52 weeks.

Why it matters

Good to know: Same-store sales growth measures sales at stores open for a full comparison period, so it leaves out the effect of new openings. 'Festival-normalised' adjusts for festival dates falling in different quarters.

Key facts

Revenue

₹905 crore (+28.4%)

Stores

427 (49 added)

Same-store sales, festival-normalised

+0.5%

Share close

₹167.90 (−16.63%)

Read the source

• V2 Retail shares slump up to 19.3%, hit 52-week low; what's unnerving investors?Upstox
• V2 Retail Q2FY27 Results: Revenue rises 28.4% YoY to ₹905 croreScanX