SS Retail Q2 FY27 Revenue Surges 87% YoY to ₹940.3 Crore, PAT Jumps 160%
SS Retail reported record Q2 FY27 results with revenue up 87% YoY to ₹940.3 crore and PAT up 160% YoY to ₹28 crore. Same-store sales grew 38% and the company added 38 stores, reaching a network of 574. Management targets 750 stores by FY28 and doubling revenue in two years.
The substantial year-on-year growth in key financial metrics like revenue and profit, coupled with ambitious future targets for store expansion and revenue growth, indicates a high impact on the company's valuation and market position.
The company reported significant year-on-year growth in revenue, EBITDA, and PAT, along with strong same-store sales growth and network expansion, indicating a positive financial and operational performance.
SS Retail Limited announced its Unaudited Standalone and Consolidated financial results for the quarter and half-year ended September 30, 2026. The company reported a record performance with revenue surging 87% year-on-year to ₹9,403 million (₹940.3 crore) in Q2 FY27, and growing 73% year-on-year to ₹17,293 million (₹1,729.3 crore) in H1 FY27. This growth was driven by higher smartphone Average Selling Prices (ASPs), strong same-store sales growth (SSSG) of 38% in Q2 FY27, and continued retail network expansion.
EBITDA increased by 99% year-on-year to ₹524 million (₹52.4 crore) in Q2 FY27, with the EBITDA margin improving by 35 basis points to 5.6%. Profit After Tax (PAT) saw a significant jump of 160% year-on-year to ₹280 million (₹28 crore) in Q2 FY27, and 102% year-on-year to ₹517 million (₹51.7 crore) in H1 FY27. The company added 38 stores during Q2 FY27, expanding its network to 574 stores across 5 states, covering approximately 2.8 lakh sq. ft.
The pre-owned devices segment, through Mobile Exchange Wala, contributed 7.3% of Q2 FY27 revenue, up from 6.5% in the previous year. Mobile phones constituted 86% of revenue, followed by pre-owned devices (7.3%), accessories and protection (5%), and TVs and laptops (1.7%). Non-Maharashtra markets contributed 8% of Q2 FY27 revenue, indicating gradual geographic diversification.
Mr. Siddharth Shah, Founder, Chairman & MD, expressed confidence in the business model, highlighting the focus on sustaining growth momentum, strengthening store productivity, and driving operating efficiencies. The company remains on track to achieve its target of 750 stores by FY28 and aims to double revenue from the FY26 base within the next two years. SS Retail aims to become a leading Pan-India consumer retail platform, enhancing store productivity and operating leverage to drive EBITDA and PAT margin expansion for sustainable profitable growth.
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SS Retail Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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