Vishal Mega Mart Q1 Results: Net Profit Rises 37% To Rs 206 Crore, Revenue Up 21% YoY

Vishal Mega Mart Q1 Results: Vishal Mega Mart announced its April-June quarter results for fiscal 2025-26 (Q1FY26) on Wednesday, Aug. 13, reporting a rise of 37.3% in its consolidated net profit to Rs 206 crore, compared to Rs 150 crore in the corresponding period last year.

The hypermarket chain operator's topline (revenue from operations) grew 21% to Rs 3,140.3 crore, compared to Rs 2,596.2 crore in the year-ago period. Vishal Mega Mart is one of India’s largest offline-first value retailers.

On the operational front, the company's earnings before interest, tax, depreciation and amortisation (EBITDA) increased by 25.6% to Rs 459 crore. EBITDA margin for the quarter increased by 60 basis points from last year to 14.6%. Margins for the quarter expanded despite higher other expenses, employee benefit expenses and finance costs.

Gross profit margin for the quarter expanded by 20 basis points to 28.4% from 28.2% last year. For Q1FY26, the category-wise revenue contribution was 47.4% for apparel, 27.3% for general merchandise and 25.1% for the FMCG segment.

According to Gunender Kapur, Managing Director and Chief Executive Officer, Vishal Mega Mart, the growth during the quarter was mainly driven by the "strength of brands portfolio, strong footfall and store additions".

"During the quarter, we added 23 gross new stores, in-line with our store opening momentum. We expanded our presence in South India (Karnataka, Kerala, among others) and opened a new store in Gujarat and Maharashtra each and are encouraged by the early response," said Kapur.

"We maintained a strong profit margin this quarter, propelled by improved cost efficiencies across the board and the benefits of operating leverage that come with our expanding footprint," added Kapur. As on June 30, 2025, the company operates 717 stores across 472 cities spanning a total retail area of ~12.4 million sq. ft.

On Wednesday, shares of Vishal Mega Mart opened at Rs 141.40 and gained 3.49% intraday to hit a day's high of Rs 145, points away from its record-high of Rs 149.10. Shares settled 3.11% higher at Rs 144.35 apiece on the BSE. The company commands a market cap of Rs 67,286.89 crore.

The stock has gained 43.15% since getting listed on Dec.18, 2024. The relative strength index is 48.69. The stock has gained 7.91% in one month, 18.46% in three months, and 33.74% in six months. Vishal Mega Mart is also a recent inclusion in the MSCI Standard Index. The stock will be a part of the index at the end of Aug. and will likely see inflows worth $287 million.