Vishal Mega Mart Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1FY27) through a regulatory filing pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Financial Performance

Revenue & Profitability:

  • Revenue from operations stood at ₹3,727.0 crores, representing year-on-year growth of 18.7% (compared to ₹3,140.3 crores in Q1FY26)
  • Gross Profit was ₹1,068.8 crores with Gross Profit Margin of 28.7% (compared to ₹891.3 crores and 28.4% in Q1FY26)
  • Reported EBITDA was ₹544.6 crores with EBITDA Margin of 14.6% (compared to ₹459.2 crores and 14.6% in Q1FY26)
  • Operating EBITDA (pre-INDAS 116 and pre-ESOP charges) stood at ₹387.0 crores, showing YoY growth of 19.3% with margin of 10.4% (compared to ₹324.4 crores and 10.3% in Q1FY26)
  • Profit After Tax (PAT) was ₹258.8 crores, representing YoY growth of 25.6% with PAT Margin of 6.9% (compared to ₹206.1 crores and 6.6% in Q1FY26)

Operational Metrics:

  • Same Store Sales Growth (SSSG) stood at 10.0% for the quarter
  • The company added 27 gross new stores and 24 net new stores during the quarter
  • Total store count reached 819 stores across 559 cities as of June 30, 2026
  • Total retail area spanned approximately 1.38 crore square feet

Category Performance:

  • Apparel contributed 47.4% to total revenue
  • General Merchandise contributed 27.3% to total revenue
  • FMCG contributed 25.2% to total revenue
  • Own brand contribution to revenue stood at 75.2%

Customer Base & Digital Initiatives:

  • The company had approximately 17.5 crore large and loyal consumer base as of June 30, 2026
  • Quick commerce initiative extended to 767 stores across 520 cities
  • Registered user base for quick commerce stood at approximately 1.41 crore

Management Commentary

Mr. Gunender Kapur, Managing Director and Chief Executive Officer, commented on the results:

  • Described the quarter as a "strong start to FY27" with revenue growth of 18.7% backed by solid SSSG of 10.0%
  • Noted that growth remained broad-based across all product categories
  • Stated that consumption demand trends remained steady during the quarter, supported by resilient economic activity
  • Highlighted that 10 of the 27 new stores were added in the Southern region, where the company sees strong momentum
  • Acknowledged that elevated inflation weighed on demand environment in Q1 but expects the impact to taper down in subsequent quarters
  • Expressed confidence in the journey ahead, underpinned by strong business fundamentals and continued execution of growth strategy

Company Description

Vishal Mega Mart Limited is described as a leading retail player making aspirations affordable in the apparel, general merchandise and FMCG categories. The company operates as a one-stop destination for India's young, middle-income group customers, providing an aspirational range of high-quality fashion, general merchandise and fast moving consumer goods all under one roof at affordable prices.

Forward-Looking Statements

The document contains a standard disclaimer noting that it may contain forward-looking statements based on the beliefs, opinions and expectations of the company's management as of the press release date, and the company does not assume any obligation to update them if circumstances change.