V2
RETAIL LIMITED
QUARTERLY
RESULTS FOR Q/E SEPTEMBER 2017
Q2
FY 2017-18
Press
Release dated December 11, 2017
V2
Retail Limited, India’s fastest growing Retail Company, has declared its
Unaudited Financial Results for the Quarter and Half Year ended on September
30, 2017
Financials
at a Glance
Revenue:
· Revenue
grew by 33% Y-o-Y in Q2FY18 from Rs.103.2 crores to Rs. 137.5 crores.
· Revenue
grew by 32% Y-o-Y in H1FY18 from Rs. 211.4 crores to Rs. 279.8 crores.
Gross
Profit:
· Gross
Profit increased from Rs.28.9 crores to Rs. 42.9 crores in this quarter. Gross
margin improved from 28% to 31.2%.
· Gross
Profit increased from Rs. 60.2 crores to Rs. 87.5 crores in H1FY18. Gross
margin improved from 28.5% to 31.3% during the period.
EBIDTA:
· EBIDTA
grew by 43% Y-o-Y in Q2FY18 from Rs.7 crores to Rs. 10 crores. EBIDTA margin improved
from 6.8% to 7.3% during the quarter.
· EBIDTA
grew by 33% Y-o-Y in H1FY18 from Rs. 19 crores to Rs. 25.4 crores. EBIDTA
margin improved from 9% to 9.1% during the period.
Profit
Before Tax:
· Profit
Before Tax (PBT) grew by 168% Y-o-Y in Q2FY18 from Rs. 3 crores to Rs. 8.1 crores.
· Profit
Before Tax (PBT) grew by 99% Y-o-Y in H1FY18 from Rs. 11 crores to Rs. 21.9
crores.
Particulars
(₹
in Crores) Q2FY18 Q2FY17 Y-o-Y H1FY18 H1FY17 Y-o-Y
Profit After
Tax (PAT):
· Profit After Tax (PAT) grew by 290% Y-o-Y
in Q2FY18 from Rs. 1.3 crores to Rs. 5 crores.
· Profit After Tax (PAT) grew by 129% Y-o-Y
in H1FY18 from Rs. 6 crores to Rs. 13.7 crores.
Others:
· The company has opened 6 new stores
Q2FY18.
· The Company operates 44 stores spread
across 13 states with a total retail area in excess of 5.24 lac Sq. Ft.
About V2
Retail Limited
V2 Retail is one of
the fastest growing retail company in India and enjoys strong brand equity from
customers across segments. The company offers a portfolio of products,
including apparel and life style products. V2 stands for ‘Value and Variety’ it
sells good quality fashion garments at affordable prices, which suits every
individual and household. The Company has a Strong presence in Northern
& Eastern
India. The Company caters to the neo middle class group of population living in
small towns and cities.
E N D
No comments:
Post a Comment