New Delhi, July 3 -- V2 Retail saw its shares kick-start Thursday's, June 03, trading session strongly, gaining 4% to the day's high of Rs.1,890 apiece as investors appeared to be happy following the release of the company's June quarter business update.
The company began FY26 on a strong footing, reporting a 51% YoY jump in revenue at Rs.628 crore despite the high base. This performance, the company said, was driven by the effectiveness of its product-first strategy, improved sell-throughs, and deeper market penetration.
SSSG for the quarter stood at 5%, with strong double-digit growth in May and June, offset by a temporary dip in April due to the early Eid shift into Q4 FY25. On a normalized basis, Q1 SSSG stands at 10%, reflecting su...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.