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Vishal Mega Mart Ltd Q2 FY26 Results

VMMQ2 FY26 Results
Filing
MetricValue (₹ Cr)vs Q1 FY26
Revenue3.0K5.1%
Total Income3.0K4.9%
Expenditure2.8K2.9%
PBT204.3725.9%
Net Profit152.3126.1%
OPM13.23%1.39pp
NPM5.07%1.46pp
EPS0.3326.7%
View full financials

Vishal Mega Mart Q2FY26 Revenue Grows 22.4% Y-o-Y to Rs. 29,815 Million, PAT at Rs. 1,523 Million

13 Nov 2025 · 13 Nov 2025, 04:43 pm

Summary

Vishal Mega Mart Limited, a leading retail player in apparel, general merchandise and FMCG categories, announced its unaudited Financial Results for the quarter and half year ended September 30, 2025. The company reported a 22.4% Y-o-Y growth in revenue and a 46.5% Y-o-Y growth in PAT for Q2FY26.

Key Highlights

  1. 1

    Revenue from operations stood at 29,815 million, y-o-y growth of 22.4%

  2. 2

    Adjusted EBITDA (pre-INDAS 116 and pre-ESOP charges) stood at $2,529 million (8.5% margin), y-o-y growth of 34.2%

  3. 3

    Adjusted PAT (pre-ESOP charges) stood at $1,617 million (5.4% margin), y-o-y growth of 39.4%

  4. 4

    SSSG of 11.3% (Adjusted SSSG* of 12.8%)

  5. 5

    28 Gross and 25 Net stores were added

  6. 6

    Revenue from operations stood at 61,218 million, y-o-y growth of 21.6%

  7. 7

    Adjusted EBITDA (pre-INDAS 116 and pre-ESOP charges) stood at %5,773 million (9.4% margin), y-o-y growth of 33.9%

  8. 8

    Adjusted PAT (pre-ESOP charges) stood at $3,772 million (6.2% margin), y-o-y growth of 38.5%

  9. 9

    51 Gross and 46 Net stores were added, taking the total store count to 742

Management Comments

M

Mr. Gunender Kapur

Managing Director and Chief Executive Officer

Q2FY26 marked another period of delivering strong results with healthy growth in both revenue and profitability, demonstrating the strength of our customer-centric value proposition and disciplined execution. For the quarter, the revenue from operations increased to Rs. 29,815 million, growing by 22.4% with healthy double-digit SSSG of 11.3% (Adjusted SSSG of 12.8%). For the half- year, our revenues from operations increased to Rs. 61,218 million, growing by 21.6% with SSSG of 10.9% (Adjusted SSSG of 12.1%). Growth was supported by the sustained strength of our own-brand portfolio, healthy footfalls, and new store additions.

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