India's V2 Retail rises on robust Q4 business update

V2 Retail

02/04/2025 09:33

** Apparel retailer V2 Retail's VREL.NS shares rise 5% to exchange-allowed maximum of 1,809.90 rupees

** Co reports 69% y/y revenue growth in Q4 FY25, citing stronger demand and better store experience

** Q4 same store sales grow 24%

** Co adds 29 new stores in Q4, taking total store count to 189, mostly in tier-2 and tier-3 cities

** Stock has risen nearly four-fold in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))