Vishal Mega Mart Q1FY27 Revenue Jumps 18.7% to ₹3,727 Crore; PAT Rises 25.6%

Vishal Mega Mart Limited announced its unaudited financial results for the quarter ended June 30, 2026, reporting a significant year-on-year growth across key metrics.

Consolidated revenue from operations for Q1FY27 reached ₹3,727.0 crore, an increase of 18.7% compared to ₹3,140.3 crore in Q1FY26. Gross profit grew by 19.9% to ₹1,068.8 crore, with a gross profit margin of 28.7%. Reported EBITDA stood at ₹544.6 crore, up 18.6% year-on-year, maintaining an EBITDA margin of 14.6%. Profit After Tax (PAT) saw a substantial rise of 25.6%, reaching ₹258.8 crore from ₹206.1 crore in the previous year, with a PAT margin of 6.9% compared to 6.6% in Q1FY26.

Operating EBITDA, before INDAS 116 and ESOP charges, was ₹387.0 crore, reflecting a 19.3% YoY growth and a margin of 10.4%. Same-Store Sales Growth (SSSG) was reported at 10.0%. The company expanded its retail footprint by adding 27 gross new stores and 24 net stores, bringing the total store count to 819 across 559 cities, covering approximately 1.38 crore Sq. Ft. of retail area. Apparel contributed 47.4% to the revenue, followed by General Merchandise at 27.3% and FMCG at 25.2%. The company's own brands accounted for 75.2% of the revenue. The Quick Commerce initiative extended to 767 stores, serving a registered user base of approximately 1.41 crore.

Mr. Gunender Kapur, Managing Director and Chief Executive Officer, commented on the results, stating, "We had a strong start to FY27 with Revenue from operations growing by 18.7% in Q1FY27 to Rs. 3,727.0 crores, backed by solid SSSG of 10.0%, a clear testimony of resilience of our business model in this dynamic and uncertain operating environment. Further, growth remained broad-based across all product categories. Consumption demand trends during the quarter remained steady, supported by resilient economic activity. Our superior merchandise, operational excellence and customer-first approach helped us deliver consistent results even when the broader environment remains challenging. During the quarter, we opened 27 gross new stores, in line with our expansion strategy. Of these, 10 stores were added in the Southern region, a market where we continue to see strong momentum and are actively deepening our presence. PAT for Q1FY27 grew at 25.6% to Rs. 258.8 crores, in-line with our focus on profitable growth and operational excellence. While elevated inflation weighed on demand environment in Q1, we expect the impact to taper down in the subsequent quarters. We remain confident and excited about the journey ahead, underpinned by strong fundamentals of our business and continued execution of our growth strategy."