Q1 FY27 was the first quarter reflecting the full cost base of four large FY26 experience centers, with GMV and AOV growth and improved cash burn offset by higher operating costs and continued losses.
- GMV
- ₹193 Crvs ₹133 Cr in Q1 FY26
- AOV
- INR86,000vs INR66,000 in Q1 FY26
Metro Brands reported FY26 consolidated revenue of INR2,864 crores, up 14.2%, with profit after tax up 17.3% to INR416 crores, while crossing 1,032 stores and growing e-commerce to 12.9% of revenue.
- Consolidated revenue from operations - FY26
- ₹2,864 Cr+14.2%
- EBITDA - FY26
- ₹869 Cr+14.5%
V2 Retail delivered exceptional 58% revenue growth in Q1 FY27, driven by robust volume growth, disciplined network expansion, and improved profitability, underscoring strong momentum in India's value fashion segment.
- Revenue
- ₹997 Cr58%
- EBITDA
- ₹139.5 Cr60%
The company delivered its strongest consolidated revenue growth in five years, driven by structural improvements in its core India multi-channel business and progress on profitability across segments.
- Consolidated Revenue Growth
- 13%
- India Multi-Channel Revenue Growth
- 17.7%
Spencer's Retail delivered strong consolidated sales growth of 13% year-on-year, with EBITDA more than doubling, driven by sustained store productivity gains and a successful membership program.
- Consolidated Revenue
- ₹469 Cr13% YoY, 8% QoQ
- Consolidated EBITDA
- ₹9.4 Cr~100% YoY
Revenue growth was modest at 4%, but underlying PBT grew 22%, supported by cost discipline and full-price sales improvement, while management invests heavily in product reimagination and marketing for future growth.
- Revenue
- ₹979 Cr4%
- Underlying PBT Growth
- 22%
Senco Gold started FY27 with a record-breaking quarter, crossing INR 3,000 crores in sales driven by strong festival execution and a consumer shift towards design-led, lightweight jewellery.
- Consolidated Revenue Growth (YoY)
- 67%
- Retail Sales Growth (YoY)
- 50%
The company reported steady but slow revenue growth while actively investing in brand transformation and retail upgrades, with management acknowledging near-term demand softness and intense competition.
- Revenue
- ₹125.3 Cr5%
- Gross Profit
- ₹77.2 Cr5%
RedTape prioritized protecting brand value and margins over chasing e-commerce volume, leading to a mixed quarter with resilient standalone retail growth and record Q1 profit.
- Standalone Revenue
- ₹480 Cr3.7%
- Gross Margin
- 47.5%
The company reported strong revenue and profit growth, driven by bridal demand, and is focusing on expanding its B2C presence and launching new categories to build a luxury brand.
- Total Income
- ₹35.4 Cr37.35%
- EBITDA
- ₹11.72 Cr33.02%