New Delhi, Jan 2 (PTI) V2 Retail on Thursday reported a 58.1 per cent increase in standalone revenue from operations to Rs 591.03 crore for the December quarter.

The value retailer reported revenue from operations of Rs 373.76 crore in the October-December quarter a year ago, V2 Retail told the BSE in a regulatory filing.

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"Standalone revenue from operations for the quarter ended (QE) December 31, 2024 stood at Rs 591.03 crore registering a 58 per cent YoY growth," V2 Retail said while sharing the quarter-end update.

The total number of stores as of December 2024 stood at 160, with 21 new openings during the quarter.

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"V2 Retail continues its strategic expansion into key markets, bringing the total retail area to 17.22 lakh sq ft," it said.

The Ram Chandra Agarwal-promoted company has achieved same store sales growth of 25 per cent in Q3, FY25 as compared to Q3, FY24, helped by a "strong consumer demand and operational efficiency", it added.

Shares of V2 Retail Ltd on Thursday settle at Rs 1,643.75 on the BSE, down 2.60 per cent from its previous close.

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