V2 Retail Ltd is showing strong business growth

V2RETAIL V2 Retail Ltd is showing strong business growth, with Q2 FY27 revenue increasing 28% YoY to ₹905.6 crore, EBITDA rising 41% to ₹120.3 crore and net profit growing 6% to ₹18.2 crore. For H1 FY27, revenue increased 42% to ₹1,902.8 crore, while PAT rose 43% to ₹60.1 crore. The company continues expanding its value-fashion retail business, operating 427 stores across 26 states and one Union Territory. Another positive development is its exclusive retail partnership with Cupid Limited across 425+ stores, which could strengthen its product portfolio and customer reach. However, investors should monitor rising borrowings of around ₹528 crore, working-capital requirements and the recent decline in promoter-group holding from 51.43% to 48.72%. Overall, strong revenue growth and improving EBITDA margins indicate positive business momentum, but debt levels, cash flows and profitability remain important factors to watch.