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V2 Retail reports 29% rise in Q1 net profit

02 Aug 2018 Evaluate

V2 Retail has reported results for first quarter ended June 30, 2018.

The company has reported 29.38% rise in its net profit at Rs 11.23 crore for the quarter under review as compared to Rs 8.68 crore for the same quarter in the previous year. Total income of the company increased by 32.06% at Rs 188.54 crore for Q1FY19 as compared Rs 142.77 crore for the corresponding quarter previous year.

V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel and non-apparel. The company sells readymade, apparels, household merchandise and other consumer goods like footwear, toys, games, cosmetics, home furnishing, decor product, sports items, crockery, novelties and gifts.

Peers
Company Name CMP
Avenue Supermarts 3769.60
Trent 2644.00
Vishal Mega Mart 102.00
PN Gadgil Jewellers 585.30
Aditya Birla Life 77.47
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