V2 Retail Announces Stock Split, Q3 Profit Doubles, Revenue Jumps 57%

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CNBC Awaaz•03-02-2026, 21:26
V2 Retail Announces Stock Split, Q3 Profit Doubles, Revenue Jumps 57%
- •V2 Retail, a BSE 1000 multibagger company, reported a 99.3% jump in Q3 profit to ₹102.06 crore.
- •Company revenue increased by 57.2% to ₹929.2 crore, with EBITDA rising 55.8% to ₹173.68 crore.
- •V2 Retail announced a 1:10 stock split, changing face value from ₹10 to ₹1 per share.
- •The stock split aims to boost liquidity and make shares more affordable for retail investors.
- •The stock has delivered a 589% return in the last two years, closing at ₹2123 on Tuesday.
Why It Matters: V2 Retail's Q3 profit doubled and revenue surged, leading to a 1:10 stock split for increased liquidity.
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