V2 Retail Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 2,636.07 million compared to INR 2,112.85 million a year ago. Revenue was INR 2,649.95 million compared to INR 2,122.55 million a year ago.

Net income was INR 62.41 million compared to net loss of INR 28.33 million a year ago. Basic earnings per share from continuing operations was INR 1.81 compared to basic loss per share from continuing operations of INR 0.82 a year ago. Diluted earnings per share from continuing operations was INR 1.81 compared to diluted loss per share from continuing operations of INR 0.82 a year ago.