Q3 2021 V2 Retail Ltd Earnings Call Transcript

Feb 05, 2021 / 05:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to V2 Retail Limited Q3 FY '21 Earnings Conference Call. (Operator Instructions). Please note that this conference is being recorded.

I now hand the conference over to Mr. Akash Agarwal, Whole-Time Director and CFO.

Akash Agarwal - V2 Retail Limited - CFO & Whole Time Director

Thank you, and over to you, sir. Good morning, everyone. A very warm welcome to our Q3 FY '21 earnings conference call. I hope you all are saying safe and healthy through this unusual and challenging times. Along with me, I have Mr. Manshu Tandon, who's our CEO; and our Investor Relations team. I hope everyone had an opportunity to look at our results. The presentation and press release have been uploaded on the stock exchange, and our company's website.

Let me start with the key updates. The company opened 13 new stores and closed 1 store during the third quarter. During the 9 months, company opened 19 new stores and closed 7 stores. As on December 31, 2020, the company operates 88 stores spread across 16 states and 77

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