V2 Retail opens five new stores across Madhya Pradesh, Bihar, and Karnataka

Value fashion and lifestyle business V2 Retail has launched five new brick-and-mortar outlets across the states of Madhya Pradesh, Bihar, and Karnataka as it continues to bolster its retail presence across India. The new stores are located in Bhopal, Bhabua, Patna, Jehanabad, and Hubballi.

V2 Retail’s new Madhya Pradesh store launched in Bhopal’s Signature Business Park on October 2. “Celebrate this momentous occasion,” announced V2 Retail on Facebook. “Experience a world of style, quality, and unbeatable prices as you explore our wide range of products. From fashion essentials to household must-haves, we’ve got something for everyone!”
 
The business’ new high street store in Bihar’s Bhabua is spread across two floors and retails clothing and accessories for the whole family. V2 Retail’s other two new Bihar stores in Patna and Jehanabad house a similar product selection and launched with over 5,000 styles. In Karnataka, V2 Retail’s new store in Hubballi is located inside Sree Padma Mall on a street-facing corner location.  
 
V2 Retail has opened a number of stores recently across multiple Indian states. The business’ new outlets include addresses in Paradeep in Orissa, Asansol in West Bengal, and Patna in Bihar among others.
 
V2 Retail reported a 57% year-on-year increase in its revenue to total Rs 415 crore during the first quarter of the 2025 financial year. The business opened 10 new brick-and-mortar stores during the quarter and also saw its net profit rise by 162% year-on-year to total Rs 16 crore, compared to Rs 6 crore in the first quarter of the 2024 financial year.