V2 Retail Ltd (BOM:532867)
₹ 494.4 -26 (-5%) Market Cap: 17.10 Bil Enterprise Value: 22.20 Bil PE Ratio: 66.83 PB Ratio: 6.77 GF Score: 81/100

Q4 2021 V2 Retail Ltd Earnings Call Transcript

Jun 29, 2021 / 05:30AM GMT
Release Date Price: ₹122.95 (-4.58%)
Operator

Ladies and gentlemen, good day, and welcome to V2 Retail Limited Q4 FY '21 Earnings Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Manshu Tandon, CEO. Thank you, and over to you, sir.

Manshu Tandon
V2 Retail Limited - CEO

Hi. Good morning, everyone. A very warm welcome to our Q4 FY '21 earnings conference call. I hope you all are staying safe and healthy through this unusual and challenging times. Along with me, I have Mr. Akash Agarwal, Whole-time Director and CFO; and our Investor Relations team. I hope everyone has had an opportunity to look at our results. The presentation and press release have been uploaded on the stock exchanges and our company's website.

So let me start with the key updates. The company opened 8 new stores and closed 1 nonprofitable store during Q4 FY '21. As on March 31, '21, the company operates 95 stores spread across 16 states and 83 cities with a total retail area of 10 lakh square feet. Same-store sales growth for the Q4 '21

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