# V2 Retail Shares Plunge 19% After Q2 Update

> V2 Retail shares drop 19% following Q2 FY27 results showing 28.4% revenue growth but weaker same-store sales.
- Title: V2 Retail Shares Plunge 19% After Q2 Update · mint | Shortify
- Summary: V2 Retail shares drop 19% following Q2 FY27 results showing 28.4% revenue growth but weaker same-store sales. V2 Retail shares fell 19% after reporting Q2…
- Keywords: v2 retail, q2 fy27, revenue growth, same store sales, tier 2 tier 3 markets, india retail, stock market, bse, sbi securities, technical analysis, money, business
- Source: mint — https://livemint.com/market/stock-market-news/v2-retail-shares-plunge-19-after-q2-business-update-what-lies-ahead-for-investors-11791173055240.html
- Author: Dhanya Nagasundaram
- Published: 2026-10-05T04:23:57+00:00
- Read time: 1 min
- Topics: v2 retail, q2 fy27, revenue growth, same store sales, tier 2 tier 3 markets, india retail, stock market, bse, sbi securities, technical analysis, money, business
## V2 Retail Shares Plunge
V2 Retail shares fell over 19% on October 5 after reporting Q2 FY27 results with a 28.4% revenue increase but lower same-store sales growth.
## Q2 FY27 Results
The company reported a 28.4% year-on-year increase in standalone revenue to ₹ 905 crore during the quarter.
## Same-Store Sales Growth
Q2 FY27 same-store sales growth (SSSG) stood at 0.5% year-on-year, down from 7.5% in Q1 FY27.
## Monthly Sales Per Square Foot
Monthly sales per square foot (PSF) dropped to ₹ 700 in Q2 FY27 from ₹ 886 in Q1 FY27.
## Store Expansion
V2 Retail added 49 new stores and closed three during Q2 FY27, taking total new store additions in the first half of FY27 to 106.
## Tier 2 and Tier 3 Focus
The company continues to expand its store network in Tier 2 and Tier 3 markets across India's growth corridors.
## Share Price Movement
V2 Retail's share price opened at ₹ 182.15 on BSE, touching an intraday high of ₹ 185 and low of ₹ 162.55.
## Technical Analysis
SBI Securities VP Sudeep Shah noted the stock slipped below its 100-week EMA for the first time since June 2023, with support at ₹ 155, 150.
## Key takeaway

V2 Retail shares fell 19% after reporting Q2 FY27 results with 28.4% revenue growth but 0.5% same-store sales growth.