V2 Retail reports 12% rise in Q4 net profit
13th May 2019

V2 Retail has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 12.30% in its net profit at Rs 4.20 crore for the quarter ended March 31, 2019 as compared to Rs 3.74 crore for the same quarter in the previous year. Total income of the company increased by 28.64% at Rs 165.56 crore for quarter under review as compared to Rs 128.70 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a fall of 34.07% in its net profit at Rs 20.49 crore as compared to Rs 31.08 crore for the previous year. However, total income of company increased 34.77% at Rs 758.31 crore for year under review as compared to Rs 562.67 crore for year ended March 31, 2018.