- CEO
- Akash Agarwal
- Full Time Employees
- 10,561
- Sector
- Retail trade
- Industry
- Apparel/Footwear retail
- Address
- 13, Sub. Major Laxmi Chand Road Gurugram India 122015
- IPO Date
- Jul 9, 2007
- Business
- V2 Retail Limited (V2RETAIL.NS), a value fashion retailer in India, operates a chain of stores offering affordable apparel, footwear, accessories, household merchandise, and general consumer goods including toys, toiletries, grocery items, sports equipment, crockery, novelties, gifts, watches, purses, wallets, personal care products, sunglasses, and sportswear; the company markets products under in-house brands such as Godspeed, Herrlich, Glamora, Ebellia, and Honey Brats, with over 70,000 product SKUs fulfilling family shopping needs across all price points. Founded in 2001 as Vishal Retail Private Limited and renamed V2 Retail Limited in 2011, the company maintains headquarters in New Delhi and registered offices in Gurugram, Haryana, with subsidiaries including VRL Foods Ltd, VRL Movers Ltd, VRL Consumers Goods Ltd, VRL Fashions Ltd, and VRL Infrastructure Ltd. V2 Retail focuses on Tier-II and Tier-III cities across more than 190 locations in India, operating over 275 stores exceeding 10 lakh square feet in retail space as of late 2025. In recent developments, V2 Retail raises INR 400 crore in funding during fiscal 2026 to accelerate store expansion and strengthen vendor payments, targeting 150 new outlets in 2026 after opening 130 stores in fiscal 2026 and reaching milestones of 250 stores in 2025 with launches including six simultaneous openings and five in a single day; the company reports robust financial growth with Q1 fiscal 2026 revenue at INR 632 crore up 52% year-over-year, consolidated net profit surging 159% to INR 72 crore in fiscal 2025, and aims for 40-50% annual revenue growth while maintaining 8% EBITDA margins amid aggressive penetration into emerging markets.