V2 Retail (V2RETAIL) Q4 03/04 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 03/04 earnings summary
28 Oct, 2026Executive summary
FY ended Mar. 31, 2004 sales were ₹881.04m; profit before tax was ₹13.49m and profit after tax ₹3.93m.
Growth initiatives required additional funds; no dividend was declared.
Financial highlights
Sales ₹881.04m vs ₹499.59m in FY03; sales are reported net of excise duty.
Other income ₹1.05m vs ₹35.64m, with prior-year consignment commission of ₹34.81m.
Profit before tax ₹13.49m vs ₹8.16m; profit after tax ₹3.93m vs ₹5.52m.
Operating, administrative and other expenses ₹193.34m vs ₹134.45m; depreciation ₹14.74m vs ₹9.00m.
Outlook and guidance
Funds were to be augmented to support growth initiatives; the board retained earnings and declared no dividend for FY04.
Partial view of Summaries dataset, powered by Quartr API
Latest events from V2 Retail
- Revenue and store growth outweighed weak same-store sales and working-capital strain.V2RETAIL
Q2 26/27 - Seven year-end stores, Rs 26.18 lakh net profit, and expansion targeting turnover above Rs 75 crore.V2RETAIL
Q4 01/02 - Net sales reached Rs 499.6m as store expansion supported a >Rs 1bn turnover outlook.V2RETAIL
Q4 02/03 - Annualized sales rose 66% and PAT reached Rs 30.07m; no dividend was declared.V2RETAIL
Q4 04/05 - Sales surged 109% as store expansion accelerated, with debt and working-capital needs rising.V2RETAIL
Q4 06/07 - Sales surged and PAT reached Rs 123.87m as rapid expansion and an FY07 IPO loomed.V2RETAIL
Q4 05/06 - Rapid store-led growth lifted earnings, but expansion brings leverage and execution risks.V2RETAIL
Q4 07/08 - Sales grew, but debt costs and a weak Q4 drove a sharp FY09 loss.V2RETAIL
Q4 08/09 - Turnover fell 16.46% as major inventory losses deepened FY10 losses.V2RETAIL
Q4 09/10