Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹4.58 (vs ₹2.08 in FY 2025) Full year 2026 results: EPS: ₹4.58 (up from ₹2.08 in FY 2025). Revenue: ₹30.8b (up 63% from FY 2025). Net income: ₹1.62b (up 125% from FY 2025). Profit margin: 5.3% (up from 3.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 180% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 29
V2 Retail Limited, Annual General Meeting, Jul 31, 2026 V2 Retail Limited, Annual General Meeting, Jul 31, 2026, at 14:00 Indian Standard Time. Board Change • Mar 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Srinivas Mannava was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Feb 05
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 04
Third quarter 2026 earnings released: EPS: ₹29.17 (vs ₹14.80 in 3Q 2025) Third quarter 2026 results: EPS: ₹29.17 (up from ₹14.80 in 3Q 2025). Revenue: ₹9.33b (up 58% from 3Q 2025). Net income: ₹1.02b (up 99% from 3Q 2025). Profit margin: 11% (up from 8.7% in 3Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 33% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 190% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹2,120, the stock trades at a trailing P/E ratio of 77.7x. Average forward P/E is 33x in the Specialty Retail industry in India. Total returns to shareholders of 2,406% over the past three years. Reported Earnings • Nov 17
Second quarter 2026 earnings released: EPS: ₹4.95 (vs ₹0.56 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹4.95 (up from ₹0.56 loss in 2Q 2025). Revenue: ₹7.10b (up 87% from 2Q 2025). Net income: ₹172.3m (up ₹191.7m from 2Q 2025). Profit margin: 2.4% (up from net loss in 2Q 2025). The move to profitability was driven by higher revenue. Revenue is forecast to grow 35% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has increased by 189% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
V2 Retail Limited has completed a Follow-on Equity Offering in the amount of INR 3.999999 billion. V2 Retail Limited has completed a Follow-on Equity Offering in the amount of INR 3.999999 billion.
Security Name: Equity Shares
Security Type: Common Stock
Securities Offered: 1,874,414
Price\Range: INR 2134
Transaction Features: Regulation S; Subsequent Direct Listing Announcement • Oct 30
V2 Retail Limited has filed a Follow-on Equity Offering. V2 Retail Limited has filed a Follow-on Equity Offering.
Security Name: Equity Shares
Security Type: Common Stock
Price(minimum): INR 2245.75
Transaction Features: Regulation S; Subsequent Direct Listing Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,852, the stock trades at a trailing P/E ratio of 79.7x. Average forward P/E is 43x in the Specialty Retail industry in India. Total returns to shareholders of 1,516% over the past three years. Announcement • Aug 14
V2 Retail Limited to Report Q2, 2026 Results on Nov 14, 2025 V2 Retail Limited announced that they will report Q2, 2026 results on Nov 14, 2025 New Risk • Aug 01
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company. Announcement • Jul 31
V2 Retail Limited, Annual General Meeting, Sep 05, 2025 V2 Retail Limited, Annual General Meeting, Sep 05, 2025, at 14:00 Indian Standard Time. Reported Earnings • Jul 31
First quarter 2026 earnings released: EPS: ₹7.13 (vs ₹4.72 in 1Q 2025) First quarter 2026 results: EPS: ₹7.13 (up from ₹4.72 in 1Q 2025). Revenue: ₹6.33b (up 53% from 1Q 2025). Net income: ₹246.6m (up 51% from 1Q 2025). Profit margin: 3.9% (in line with 1Q 2025). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has increased by 153% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 23
V2 Retail Limited to Report Q1, 2026 Results on Jul 30, 2025 V2 Retail Limited announced that they will report Q1, 2026 results on Jul 30, 2025 Reported Earnings • May 28
Full year 2025 earnings released: EPS: ₹20.83 (vs ₹8.04 in FY 2024) Full year 2025 results: EPS: ₹20.83 (up from ₹8.04 in FY 2024). Revenue: ₹18.9b (up 62% from FY 2024). Net income: ₹720.3m (up 159% from FY 2024). Profit margin: 3.8% (up from 2.4% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has increased by 152% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 19
V2 Retail Limited to Report Q4, 2025 Results on May 27, 2025 V2 Retail Limited announced that they will report Q4, 2025 results on May 27, 2025 Price Target Changed • Mar 03
Price target increased by 12% to ₹1,625 Up from ₹1,445, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹1,576. Stock is up 315% over the past year. The company posted earnings per share of ₹8.04 last year. Announcement • Jan 13
V2 Retail Limited to Report Q3, 2025 Results on Jan 23, 2025 V2 Retail Limited announced that they will report Q3, 2025 results on Jan 23, 2025 Announcement • Dec 02
V2 Retail Limited Announces Change of Corporate Office V2 Retail Limited informed that the corporate office of company has been shifted to the following address with effect from 2nd December, 2024: 2nd Floor, 13, Sub. Major Laxmi Chand Rd, Maruti Udyog, Sector 18, Gurugram, Sarhol, Haryana 122015. Reported Earnings • Oct 27
Second quarter 2025 earnings released: ₹0.56 loss per share (vs ₹1.64 loss in 2Q 2024) Second quarter 2025 results: ₹0.56 loss per share (improved from ₹1.64 loss in 2Q 2024). Revenue: ₹3.80b (up 64% from 2Q 2024). Net loss: ₹19.3m (loss narrowed 66% from 2Q 2024). Revenue is forecast to grow 37% p.a. on average during the next 2 years, compared to a 21% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has only increased by 96% per year, which means it is significantly lagging earnings growth. Announcement • Oct 16
V2 Retail Limited to Report Q2, 2025 Results on Oct 24, 2024 V2 Retail Limited announced that they will report Q2, 2025 results on Oct 24, 2024 Reported Earnings • Jul 31
First quarter 2025 earnings released: EPS: ₹4.72 (vs ₹1.81 in 1Q 2024) First quarter 2025 results: EPS: ₹4.72 (up from ₹1.81 in 1Q 2024). Revenue: ₹4.16b (up 58% from 1Q 2024). Net income: ₹163.4m (up 162% from 1Q 2024). Profit margin: 3.9% (up from 2.4% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Specialty Retail industry in India. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 97% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
V2 Retail Limited, Annual General Meeting, Sep 27, 2024 V2 Retail Limited, Annual General Meeting, Sep 27, 2024, at 14:00 Indian Standard Time. Announcement • Jul 23
V2 Retail Limited to Report Q1, 2025 Results on Jul 30, 2024 V2 Retail Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to ₹616, the stock trades at a trailing P/E ratio of 76.2x. Average trailing P/E is 46x in the Specialty Retail industry in India. Total returns to shareholders of 353% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: ₹8.04 (vs ₹3.73 loss in FY 2023) Full year 2024 results: EPS: ₹8.04 (up from ₹3.73 loss in FY 2023). Revenue: ₹11.6b (up 39% from FY 2023). Net income: ₹278.1m (up ₹406.3m from FY 2023). Profit margin: 2.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Announcement • May 31
V2 Retail Limited Appoints Shivam Aggarwal as Company Secretary and Compliance Officer V2 Retail Limited based on the recommendation of Nomination and Remuneration Committee, the Board of Directors have approved the appointment of Mr. Shivam Aggarwal (Membership No.: A55785) as Company Secretary and Compliance Officer of the Company designated as Key Managerial Personnel effective May 30, 2024. Mr. Shivam Aggarwal is Bachelor in Commerce, an Associate Member of Institute of Company Secretaries of India (ICSI)having Membership No.: A55785 and a Law Graduate, with over 7 years of experience in the profession. Reason for Change: Mr. Shivam Aggarwal has been appointed as Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company in place of Mr. Sudhir Kumar, who resigned from the said post effective April 9, 2024. Announcement • May 23
V2 Retail Limited to Report Q4, 2024 Results on May 30, 2024 V2 Retail Limited announced that they will report Q4, 2024 results on May 30, 2024 Buy Or Sell Opportunity • Mar 14
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 36% to ₹356. The fair value is estimated to be ₹294, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 38% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹6.82 (vs ₹2.71 in 3Q 2023) Third quarter 2024 results: EPS: ₹6.82 (up from ₹2.71 in 3Q 2023). Revenue: ₹3.74b (up 56% from 3Q 2023). Net income: ₹235.7m (up 153% from 3Q 2023). Profit margin: 6.3% (up from 3.9% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Announcement • Jan 31
V2 Retail Limited to Report Q3, 2024 Results on Feb 10, 2024 V2 Retail Limited announced that they will report Q3, 2024 results on Feb 10, 2024 Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹1.64 loss per share (vs ₹3.37 loss in 2Q 2023) Second quarter 2024 results: ₹1.64 loss per share (improved from ₹3.37 loss in 2Q 2023). Revenue: ₹2.31b (up 19% from 2Q 2023). Net loss: ₹57.0m (loss narrowed 51% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 02
V2 Retail Limited to Report Q2, 2024 Results on Nov 09, 2023 V2 Retail Limited announced that they will report Q2, 2024 results on Nov 09, 2023 Buying Opportunity • Oct 26
Now 21% undervalued Over the last 90 days, the stock is up 35%. The fair value is estimated to be ₹237, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 12%. New Risk • Aug 14
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Earnings have declined by 58% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹4.44b market cap, or US$53.5m). Reported Earnings • Aug 13
First quarter 2024 earnings released: EPS: ₹1.81 (vs ₹0.82 loss in 1Q 2023) First quarter 2024 results: EPS: ₹1.81 (up from ₹0.82 loss in 1Q 2023). Revenue: ₹2.64b (up 25% from 1Q 2023). Net income: ₹62.4m (up ₹90.7m from 1Q 2023). Profit margin: 2.4% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 13
New major risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 61% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹4.44b market cap, or US$53.5m). Announcement • Aug 13
V2 Retail Limited, Annual General Meeting, Sep 29, 2023 V2 Retail Limited, Annual General Meeting, Sep 29, 2023. Reported Earnings • May 27
Full year 2023 earnings released: ₹3.73 loss per share (vs ₹3.40 loss in FY 2022) Full year 2023 results: ₹3.73 loss per share (further deteriorated from ₹3.40 loss in FY 2022). Revenue: ₹8.46b (up 34% from FY 2022). Net loss: ₹128.2m (loss widened 9.8% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • May 11
V2 Retail Limited to Report Q4, 2023 Results on May 25, 2023 V2 Retail Limited announced that they will report Q4, 2023 results on May 25, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹2.71 (vs ₹3.58 in 3Q 2022) Third quarter 2023 results: EPS: ₹2.71 (down from ₹3.58 in 3Q 2022). Revenue: ₹2.42b (up 1.3% from 3Q 2022). Net income: ₹93.2m (down 24% from 3Q 2022). Profit margin: 3.8% (down from 5.1% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Announcement • Feb 11
V2 Retail Limited Appoints Pratik Adukia as Chief Financial Officer Effective Feb. 10, 2023 V2 Retail Limited appointed Pratik Adukia as Chief Financial Officer effective Feb. 10, 2023. Qualifications:-Bachelor's of Commerce from Kolkata University, India. He has around 20 years of experience in retail industry. He is associated with company since 2011 and has very rich experience in Purchase, Finance and Project handling functions. Announcement • Feb 08
V2 Retail Limited to Report Q3, 2023 Results on Feb 10, 2023 V2 Retail Limited announced that they will report Q3, 2023 results on Feb 10, 2023 Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Additional Independent Non- Executive Director Arun Roopanwal was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹3.37 loss per share (vs ₹0.91 loss in 2Q 2022) Second quarter 2023 results: ₹3.37 loss per share (further deteriorated from ₹0.91 loss in 2Q 2022). Revenue: ₹1.95b (up 30% from 2Q 2022). Net loss: ₹115.9m (loss widened 269% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 12
Second quarter 2023 earnings released: ₹3.37 loss per share (vs ₹0.91 loss in 2Q 2022) Second quarter 2023 results: ₹3.37 loss per share (further deteriorated from ₹0.91 loss in 2Q 2022). Revenue: ₹1.96b (up 31% from 2Q 2022). Net loss: ₹115.9m (loss widened 269% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 11
First quarter 2023 earnings released: ₹0.82 loss per share (vs ₹3.32 loss in 1Q 2022) First quarter 2023 results: ₹0.82 loss per share (up from ₹3.32 loss in 1Q 2022). Revenue: ₹2.12b (up 157% from 1Q 2022). Net loss: ₹28.3m (loss narrowed 75% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 04
Full year 2022 earnings released: ₹3.40 loss per share (vs ₹3.77 loss in FY 2021) Full year 2022 results: ₹3.40 loss per share (up from ₹3.77 loss in FY 2021). Revenue: ₹6.29b (up 17% from FY 2021). Net loss: ₹116.8m (loss narrowed 9.1% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹3.58 (down from ₹4.36 in 3Q 2021). Revenue: ₹2.39b (up 5.1% from 3Q 2021). Net income: ₹122.9m (down 18% from 3Q 2021). Profit margin: 5.1% (down from 6.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Board Change • Dec 31
High number of new directors Additional Independent Non- Executive Director Arun Roopanwal was the last director to join the board, commencing their role in 2020. Reported Earnings • Nov 13
Second quarter 2022 earnings released: ₹0.91 loss per share (vs ₹2.39 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹1.52b (up 78% from 2Q 2021). Net loss: ₹31.4m (loss narrowed 62% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹3.32 loss per share (vs ₹2.73 loss in 1Q 2021) The company reported a solid first quarter result with improved revenues and control over costs, although losses increased. First quarter 2022 results: Revenue: ₹825.5m (up 123% from 1Q 2021). Net loss: ₹113.1m (loss widened 22% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance. Board Change • Aug 05
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Additional Independent Non- Executive Director Arun Roopanwal was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Mar 04
New 90-day high: ₹151 The company is up 62% from its price of ₹93.05 on 04 December 2020. The Indian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 1.0% over the same period. Reported Earnings • Feb 05
Third quarter 2021 earnings released: EPS ₹4.36 (vs ₹5.95 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: ₹2.29b (up 4.4% from 3Q 2020). Net income: ₹148.9m (down 25% from 3Q 2020). Profit margin: 6.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 69% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 02
New 90-day high: ₹126 The company is up 174% from its price of ₹46.00 on 04 November 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 2.0% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ₹109 The company is up 129% from its price of ₹47.50 on 15 October 2020. The Indian market is up 24% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 7.0% over the same period. Recent Insider Transactions • Dec 24
Chief Executive Officer recently bought ₹104k worth of stock On the 17th of December, Manshu Tandon bought around 1k shares on-market at roughly ₹104 per share. This was the largest purchase by an insider in the last 3 months. This was Manshu's only on-market trade for the last 12 months. Recent Insider Transactions • Dec 17
CFO & Whole Time Director recently bought ₹2.5m worth of stock On the 10th of December, Akash Agarwal bought around 25k shares on-market at roughly ₹102 per share. This was the largest purchase by an insider in the last 3 months. This was Akash's only on-market trade for the last 12 months. Is New 90 Day High Low • Dec 10
New 90-day high: ₹102 The company is up 92% from its price of ₹53.25 on 11 September 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is flat over the same period. Is New 90 Day High Low • Nov 20
New 90-day high: ₹66.45 The company is up 18% from its price of ₹56.10 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 4.0% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: ₹2.39 loss per share The company reported a soft second quarter result with weaker revenues and control over expenses, though losses reduced. Second quarter 2021 results: Revenue: ₹905.4m (down 40% from 2Q 2020). Net loss: ₹81.5m (loss narrowed 22% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 52% per year, which means it has not declined as severely as earnings. 
