V2 Retail Reports Strong Financial Growth, Attracts Increased Institutional Investment

V2 Retail, a midcap player in the Garments & Apparels industry, has recently undergone an evaluation adjustment reflecting its strong financial performance in the third quarter of FY24-25. The company reported a remarkable annual growth rate in net sales of 36.93%, alongside an impressive operating profit increase of 142.56%. This robust performance is further highlighted by a net profit growth of 117.18%, with the company achieving a profit after tax (PAT) of Rs 51.19 crore. V2 Retail has consistently delivered positive results over the last seven consecutive quarters, showcasing its resilience and operational efficiency. The latest figures indicate a significant rise in net sales, reaching Rs 590.94 crore, which marks a growth of 58.11%. Additionally, the company's return on capital employed (ROCE) stands at 11.09%, reflecting its effective use of capital. Institutional investor participation has also seen a notable uptick, with a 1.12% increase in their stake, now totaling 8.01%. This trend underscores the confidence in V2 Retail's market position and operational capabilities. Overall, V2 Retail's recent evaluation adjustment aligns with its strong financial metrics and market performance. Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.