V2 Retail Limited announced the approval of its unaudited financial results for the first quarter ended June 30, 2026. The Board also approved the appointments of Mr. Manu Agarwal as President Buying & Merchandising and Mr. Dinesh Malpani as President Operations, both effective August 13, 2026, and designated as Senior Management Personnel. The company reported a profit after tax of ₹4,190.01 lakhs for the quarter.
V2 Retail Reports Q1 FY27 Financials and Key Appointments
V2 Retail Limited has announced the outcome of its Board of Directors meeting held on August 13, 2026. The Board reviewed and approved the unaudited financial results for the first quarter ended June 30, 2026. These results, along with the Limited Review Report from the Statutory Auditors, have been taken on record.
Financial Performance Highlights
For the quarter ended June 30, 2026, V2 Retail reported a profit after tax of ₹4,190.01 lakhs. Total comprehensive income for the period stood at ₹4,125.20 lakhs. Revenue from operations for the quarter was ₹99,719.65 lakhs.
Senior Management Enhancements
In addition to the financial results, the Board approved significant senior management appointments. Effective August 13, 2026:
- Mr. Manu Agarwal has been appointed as President Buying & Merchandising.
- Mr. Dinesh Malpani has been appointed as President Operations.
Both individuals have been designated as Senior Management Personnel of the Company. These appointments were made based on the recommendation of the Nomination and Remuneration Committee.
Auditor’s Review
Independent auditors, Singhi & Co., Chartered Accountants, conducted a limited review of the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. Their report indicates that based on their review, nothing has come to their attention that causes them to believe the financial statements are not presented fairly.
Source: BSE