V2 Retail plunges 20% despite 28% rise in Q2 revenue

V2 Retail shares fell as much as 20% to ₹162.55 on Monday despite Q2 FY27 standalone revenue rising 28.4% YoY to ₹905 crore. Same-store sales growth was 0.5% on a festival-normalised basis but fell 14.9% on a calendar basis, as Navratri and Durga Puja shifted from Q2 last year to Q3 this year.