V2 Retail Ltd Q2FY22 consolidated loss reduces to Rs. 3.14 crore

The Board of Directors of V2 Retail Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 151.5547 crore, against ₹91.6943 crore in the corresponding quarter of the previous year (YoY) and ₹90.5365 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹-3.1412 crore, against ₹-11.3116 crore in the corresponding quarter of the previous year (YoY) and ₹-8.1523 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹-0.91, against ₹-3.31 in the corresponding quarter of the previous year (YoY) and ₹-2.39 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 151.5547 crs	₹90.5365 crs	67.40%	₹91.6943 crs	65.28%
Net Profit	₹-3.1412 crs	₹-8.1523 crs	61.47%	₹-11.3116 crs	72.23 %
EPS	₹-0.91	₹-2.39	61.92%	₹-3.31	72.51%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹243.2490 crore, against ₹135.2419 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-14.4528 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-17.4614 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-4.22 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-5.11 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹243.2490 crs	₹135.2419 crs	79.86%
Net Profit	₹-14.4528 crs	₹-17.4614 crs	17.23%
EPS	₹-4.22	₹-5.11	17.42%

Shares of V2 Retail Limited was last trading in BSE at Rs. 191.30 as compared to the previous close of Rs. 200.10. The total number of shares traded during the day was 12039 in over 110 trades.

The stock hit an intraday high of Rs. 206.95 and intraday low of 190.10. The net turnover during the day was Rs. 2367066.00.

Source : Equity Bulls

Keywords

V2Retail Q2FY22 H1FY22 ResultUpdate