V2 Retail532867Retail
V2 Retail fell over 10% as same-store sales growth remained flat despite standalone revenue growth, and management downgraded guidance
- Standalone revenue growth
- 28.5 percent
- Stock move today
- over 10 percent fall
- Revised SSS guidance
- 5 to 7 percent
- Previous SSS guidance
- 8 to 10 percent
Heard on business television between 15:34:52 - 15:37:52 IST.
- Standalone revenue grew about 28.5% but same-store sales growth was flat.
- Management downgraded same-store sales growth guidance from 8-10% to 5-7%.
- Stock saw big cash/decline in trade today on the back of this.
- Analyst Amrish Baliga said despite tier two/three/four city growth typically being better, flat growth was a key reason for the stock correction.
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Source: Live TV News Channel · 5 Oct 2026
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