Tag
Retail
26 articles
Retail sales growth appears robust across various segments, driven by store expansion and omnichannel initiatives. V2 Retail reported a 28.4% year-over-year revenue increase in Q2, while V-Mart saw an 18% rise, both fueled by new store openings and adjusted same-store sales. Nandani Creation also demonstrated strong growth with a 50% revenue jump in FY26, alongside plans to expand its Exclusive Brand Outlet network. Furthermore, TCS's acquisition of Best Buy India's global capability center highlights the increasing integration of technology and AI within the retail sector, potentially boosting operational efficiency and customer experience. These developments suggest continued momentum in the Indian retail landscape, though Praxis Home Retail's struggles and auditor concerns regarding its going concern warrant caution.
V2 Retail Q2 Revenue Up 28.4% YoY
V2 Retail reported standalone revenue of ₹905 Cr in Q2 FY27, a 28.4% YoY growth despite festive season shift.
The company expanded its network by 49 new stores in Q2, reaching 427 stores and 46.28 lak
Nandani Creation FY26 Revenue Up 50% to ₹110 Crore
Nandani Creation reported FY2025-26 revenue of ₹110 crore, representing 50% year-over-year growth.
The company unveiled Project 50 to expand its Exclusive Brand Outlet network to 50 stores by March 20
TCS Acquires Best Buy India Global Capability Center
TCS signs agreement to transition Best Buy's India Global Capability Center into an AI-native capability hub.
Deal combines Best Buy's retail expertise with TCS's technology and AI capabilities under
V-Mart Q2 Revenue Rises 18% to ₹953 Crore
V-Mart Retail reported Q2 FY27 revenue of ₹953 crore, showing 18% YoY growth driven by store expansion and adjusted same-store sales.
The company opened 23 new stores and closed 1, reaching a total op
Zota Health Q2 Store Count Rises to 2840
Zota Health Care reports Q2FY27 store count update with total stores increasing to 2840 from 2825 in previous quarter.
Company-operated COCO stores grew to 1859 while franchise-operated FOFO stores re
Zota Health Acquires KMHP Ventures via ₹2.1 Cr Rights Issue
Zota Health Care Ltd invested ₹2.10 crore in its WOS KMHP Ventures via a rights issue to acquire 21 lakh shares at ₹10 each.
The investment funds KMHP's PAN India rollout of 'Ugo Generic' retail store
Silgo Retail 11th AGM Voting Results Approval
Scrutinizer's report confirms all four resolutions passed at Silgo Retail's 11th AGM held on September 29, 2026 via video conference.
Shareholders approved audited FY26 financial statements and re-app
DMart Issues ₹500 Crore Commercial Paper
Avenue Supermarts issued ₹500 crore commercial paper with 90-day tenure maturing on 29th December 2026.
The instrument carries 6.12% interest rate, is unsecured, and holds ICRA A1+ credit rating.
Comm
Praxis Q1 Revenue Up 13% YoY, Losses Narrow
Praxis Home Retail Q1 FY27 revenue grew 13% YoY to ₹2660 lakh, with gross profit surging 47% YoY.
EBITDA loss narrowed significantly to ₹69 lakh from ₹595 lakh YoY, showing progress towards breakeven.
Praxis Home Retail Q1 FY27 Net Loss ₹11.06 Crore
Praxis Home Retail provided NSE clarification on inadvertent filing errors in its Q1 FY27 unaudited financial results submission.
Company reported a net loss of ₹11.06 crore for quarter ended June 30,
Saraswati Saree Depot 6th AGM Proceedings September 2026
• Saraswati Saree Depot held its 6th AGM on September 18, 2026, via video conference to transact ordinary and special business.
• The company reported FY26 revenue of ₹6,311.62 million, PAT of ₹234.06
Praxis Home Retail Q1 FY27 Net Loss ₹11.06 Crore
Praxis Home Retail submitted unaudited Q1 FY27 results to NSE, reporting a net loss of ₹11.06 crore and negative net worth of ₹88.18 crore.
Auditor's review highlights material uncertainty over going
Khadim Q1 Revenue Down 19% YoY
Khadim India reported Q1 FY27 revenue of ₹778.4 Mn, a decline of 18.7% year-on-year.
Gross margin improved 380bps to 51.5%, but EBITDA margin contracted to 10.1% from 12.9%.
Profit after tax was ₹5.2
Nitin Jain Acquires 2 Lakh Silgo Retail Shares
Silgo Retail Limited files a regulatory report for an inter-se promoter transfer of 200,000 shares.
Nitin Jain acquires shares from Bela Agrawal at ₹70.05 per share, increasing his stake to 40.24%.
Th
Lalithaa Jewellery Q1 Revenue Up 26% YoY
Lalithaa Jewellery reported Q1 FY2027 revenue of ₹6,035 crore, a 26% year-on-year increase.
Profit after tax declined 22% to ₹208 crore with EBITDA margin contracting to 6.2% from 9.2%.
The company di
Shankesh Jewellers Q1FY27 Revenue Up 55% YoY
Shankesh Jewellers reported Q1FY27 revenue of ₹424 Cr, up 55% YoY, with PAT doubling to ₹43 Cr and margins expanding significantly.
The company operates an asset-light handcrafted gold jewellery busin
NBFC Credit Grows 14.9% YoY in July
NBFCs' total credit expanded 14.9% YoY in July 2026, up from 10.6% growth a year earlier.
Agriculture and allied credit surged 18.0% YoY, markedly higher than the 5.4% increase recorded in July 2025.
Kiaasa Retail FY26 Net Profit Rises 24% to ₹11.17 Crore
Kiaasa Retail submitted its Annual Report for FY 2025-26 to BSE, disclosing a 23.9% rise in net profit to ₹11.17 crore on revenue of ₹134.63 crore.
The company successfully listed on BSE SME in March
Stanley Lifestyles FY26 Revenue Dips 1.6%, Profit Falls 59%
Stanley Lifestyles reported consolidated revenue decline of 1.6% to ₹4,193 million while net profit plummeted 59% to ₹120 million due to expansion costs and Labour Code impacts.
The company expanded t
Galaxy Supermarket Limited FY25-26 Annual Report & AGM Notice
Galaxy Supermarket Limited (formerly Galaxy Cloud Kitchens) reported FY25-26 revenue of ₹423.14 crore with PAT of ₹15.19 crore, a significant turnaround from previous year's loss.
The 44th AGM is sche
Silgo Retail Promoters Inter-Se 0.92% Share Transfer
Silgo Retail discloses inter-se transfer of 293,750 shares (0.92%) from promoter Mrs. Bela Agrawal to Mr. Nitin Jain.
Transaction is exempt from open offer under SEBI Takeover Regulations 10(1)(a)(ii)
Silgo Retail Promoters Inter-Se Share Transfer
Silgo Retail discloses Form C filings under SEBI insider trading rules for promoter transactions.
Promoter MD Nitin Jain acquired 200,000 shares via inter-se transfer, increasing holding to 37.73%.
Pr
7NR Retail Promoter Umang Trivedi Reclassified to Public
7NR Retail received BSE approval on August 21, 2026 for reclassifying Mr. Umang Trivedi from promoter to public category.
Mr. Trivedi holds 0 shares representing 0.00% of the company's share capital f
Baazar Style Retail Promoter Sells 150,000 Shares
• Baazar Style Retail discloses promoter entity Rajendra Kumar Gupta HUF sold 150,000 equity shares via market sale on NSE.
• The transaction was executed on August 18, 2026, and intimated to the comp
Avenue Supermarts Seeks Promoter Group Reclassification Approval
Avenue Supermarts submitted applications to BSE and NSE for reclassifying Vijay Shankar Chandak from Promoter Group to Public.
The reclassification follows a request from Mr. Chandak and subsequent ap
Shoppers Stop Approves Promoter Group Reclassification
Shoppers Stop board approved reclassification of Content Properties and Sycamore Properties from Promoter Group to Public category on July 9, 2026.
Both entities hold zero shares in the company, meeti