V2 Retail on Expansion Spree

V2 Retail Ltd. is currently experiencing its most dynamic growth period since its establishment in 2011. The company is re-evaluating its ambitious target of launching 100 new outlets in the 2025-26 fiscal year, potentially increasing it, following the successful opening of 26 stores in the first quarter alone. This rapid expansion builds on a notable increase in store count over the past year; V2 Retail operated 189 stores across 20 states as of March 2025, a significant jump from 117 stores in March 2024. Despite this aggressive rollout strategy, V2 Retail remains firmly committed to profitability, with all its stores reported to be EBITDA positive.