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V2 Retail reports 73% rise in Q3 net profit

28 Jan 2019 Evaluate

V2 Retail has reported results for third quarter ended December 31, 2018.

The company has reported 72.57% rise in its net profit at Rs 23.59 crore for the quarter under review as compared to Rs 13.67 crore for the same quarter in the previous year. Total income of the company increased by 58.79% at Rs 243.39 crore for Q3FY19 as compared Rs 153.28 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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