V2 Retail’s Q3 net profit down 12 percent

For the third quarter V2 Retail’s net profit dropped 12 percent. Sales revenue for the quarter was down nine per cent. V2 Retail is a leading player in the fashion and apparel market. It has over 75 stores spread across 17 states and 70 cities. V2 Retail, formerly known as Vishal Retail, expects to increase its share of the overall market to 24 per cent by 2020.