StockWatch
·

Vishal Mega Mart Ltd Q3 FY25 Results

VMMQ3 FY25 Results
Filing
MetricValue (₹ Cr)
Revenue3.1K
Total Income3.2K
Expenditure2.8K
PBT351.91
Net Profit262.72
OPM5.13%
NPM8.33%
EPS0.58
View full financials

Vishal Mega Mart Ltd Reports 19.5% Y-o-Y Growth in Revenue from Operations for Q3FY25

01 Feb 2025 · 1 Feb 2025, 01:29 am

Summary

Vishal Mega Mart Ltd, a leading retail player in India, announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a 19.5% year-over-year growth in revenue from operations for Q3FY25, and a 33.6% increase in adjusted PAT (pre-ESOP charges) for the same period. The company added 23 net new stores in Q3FY25, taking the total store count to 668. The category-wise revenue contribution for 9MFY25 was 45% for Apparel, 28% for General Merchandise, and 27% for FMCG.

Key Highlights

  1. 1

    19.5% y-o-y growth in revenue from operations for Q3FY25

  2. 2

    32.4% y-o-y growth in adjusted EBITDA (pre-INDAS 116 and pre-ESOP charges) for Q3FY25

  3. 3

    33.6% y-o-y growth in adjusted PAT (pre-ESOP charges) for Q3FY25

  4. 4

    57 net new stores added in 9MFY25, taking the total store count to 668

  5. 5

    45% contribution from Apparel, 28% from General Merchandise, and 27% from FMCG for 9MFY25

Management Comments

M

Mr. Gunender Kapur

Managing Director and Chief Executive Officer

Despite subdued demand conditions in the consumer industry, we delivered a robust financial performance, achieving revenue growth of 19.5% in Q3FY25 and 19.4% in 9MFY25... Our consumer centric approach, coupled with an enhanced consumer value proposition, a unique merchandise mix at attractive price points, and enhanced in-store experience, has helped drive strong SSSG of 10.5% in Q3FY25 and 11.3% in 9MFY25... With 668 stores operational across India, we continue to strategically expand our footprints, with a focus on tapping the large underserved organized retail market across geographies.

Informational and educational content only. Not investment advice.