Vishal Mega Mart Reports Strong Start to FY27 with Revenue Growth and PAT Increase

Vishal Mega Mart Reports Strong Start to FY27 with Revenue Growth and PAT Increase​

Vishal Mega Mart Limited (NSE: VMM | BSE: 544307), a retailer specializing in apparel, general merchandise, and FMCG categories, announced its unaudited financial results for the quarter ended June 30, 2026. The company reported significant growth across key metrics, with Revenue from operations reaching ₹ 3,727.0 crores, marking an 18.7% year-on-year increase.

The consolidated financial performance highlighted a profitable operational period for the retail chain. Profit After Tax (PAT) stood at ₹ 258.8 crores, reflecting a healthy growth of 25.6% compared to the previous year.

Financial Snapshot (Consolidated)​

The results showcase stable margin performance and robust revenue generation during the quarter. The key financial details are presented below:

Operational Highlights​

The company continued its expansion strategy, adding 27 gross new stores in the quarter. This brings Vishal Mega Mart’s total store count to 819, including 24 net additions. As of June 30, 2026, the company operates across 559 cities and services a retail area spanning approximately 1.38 crore Sq. Ft.

For Q1FY27, category-wise revenue contributions were reported as follows: Apparel contributed 47.4%, General Merchandise accounted for 27.3%, and FMCG stood at 25.2%. Furthermore, the company noted that its own brand contribution to revenue was 75.2%.

In addition to its physical stores, the company's quick commerce initiative has extended to 767 stores across 520 cities, maintaining a registered user base of approximately 1.41 crore. As of June 30, 2026, Vishal Mega Mart maintained a large and loyal consumer base estimated at ~17.5 crore.

Management Commentary​

Commenting on the results, Mr. Gunender Kapur, Managing Director and Chief Executive Officer, highlighted that Q1FY27 represented a strong commencement to the financial year.

He noted that Revenue from operations grew by 18.7% to Rs. 3,727.0 crores, supported by solid SSSG of 10.0%. Kapur stated that growth was broadly distributed across all product categories, attributing consistent results to superior merchandise and operational excellence despite a dynamic operating environment.

Regarding expansion, the company opened 27 gross new stores, confirming adherence to its expansion strategy, including 10 stores in the Southern region. He added that PAT for Q1FY27 grew at 25.6% to Rs. 258.8 crores, aligning with the focus on profitable growth.

While acknowledging that elevated inflation weighed on demand during the quarter, Kapur expressed confidence, stating they expect the impact to lessen in subsequent quarters and remain excited about the journey ahead, underpinned by strong business fundamentals.

VMM Stock Price Movement​

As of 12:45 PM, shares of Vishal Mega Mart Limited are slipping in live trading, shedding ₹5.30 or 4.73% to trade at ₹106.72. The stock trades amidst significant movement, remaining above the day's low of ₹106.31 as millions of shares change hands during the busy session.