V2 Retail Ltd posts consolidated loss of Rs. 11.31 crore in Q1FY22

V2 Retail Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.91.69 crores during the period ended June 30, 2021 as compared to Rs.197.72 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.(11.31) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(10.26) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.(3.31) for the period ended June 30, 2021 as compared to Rs.(3.01) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 91.69 crs	₹ 197.72 crs	-53.63%
Net Profit	₹ (11.31) crs	₹ (10.26) crs	10.23%
EPS	₹ (3.31)	₹ (3.01)	9.97%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.91.69 crores during the period ended June 30, 2021 as compared to Rs.44.70 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.(11.31) crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(9.30) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.(3.31) for the period ended June 30, 2021 as compared to Rs.(2.73) for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 91.69 crs	₹ 44.70 crs	105.12%
Net Profit	₹ (11.31) crs	₹ (9.30) crs	21.61%
EPS	₹ (3.31)	₹ (2.73)	21.25%

Shares of V2 Retail Limited was last trading in BSE at Rs. 112 as compared to the previous close of Rs. 115.4. The total number of shares traded during the day was 2493 in over 139 trades.

The stock hit an intraday high of Rs. 119 and intraday low of 112. The net turnover during the day was Rs. 287750.

Source : Equity Bulls

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