Vishal Mega Mart Limited Reports Q1 FY27 Net Profit of ₹258.77 Crore; Revenue Up 18.68% YoY to ₹3,727.01 Crore

Value retail giant Vishal Mega Mart Limited (formerly known as Vishal Mega Mart Private Limited) today announced its unaudited consolidated financial results for the first quarter of Financial Year 2026-2027 (Q1 FY27) ended June 30, 2026.

Driven by strong festive and seasonal retail footprint performance, the company registered a robust growth in both revenue and bottom-line profitability, posting a double-digit jump in operational revenues on both a year-on-year and sequential basis.

Key Financial Highlights

Revenue from Operations: Reached ₹3,727.01 crore for Q1 FY27, marking an 18.68% YoY growth compared to ₹3,140.32 crore in Q1 FY26 and a 19.68% QoQ expansion over ₹3,114.10 crore recorded in Q4 FY26.

Total Income: Stood at ₹3,760.15 crore, supported by ₹33.14 crore from other income, up from ₹3,157.32 crore in the corresponding quarter of the previous year.

Profit Before Tax (PBT): Surged to ₹345.96 crore, up 25.37% YoY compared to ₹275.96 crore in Q1 FY26 and 53.55% QoQ over ₹225.30 crore in Q4 FY26.

Net Profit After Tax (PAT): Net profit for the period expanded to ₹258.77 crore, recording a 25.57% YoY increase over ₹206.07 crore in Q1 FY26 and a 54.10% QoQ rise compared to ₹167.92 crore in Q4 FY26.

Total Comprehensive Income: Stood at ₹257.88 crore (net of tax), after accounting for an Other Comprehensive Loss of ₹0.89 crore due to remeasurement of defined benefit obligations.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter both stood at ₹0.55 per equity share (face value of ₹10/- each, not annualised), up from ₹0.45 in Q1 FY26 and ₹0.36 in Q4 FY26.

Operational Expense Breakdown

Total consolidated expenses for Q1 FY27 came in at ₹3,414.19 crore, compared to ₹2,881.36 crore in Q1 FY26 and ₹2,913.32 crore in Q4 FY26.

Purchases of Stock-in-Trade: Formed the primary expense driver at ₹2,531.38 crore, up from ₹2,093.89 crore in Q1 FY26 and ₹2,456.10 crore in Q4 FY26.

Changes in Inventories of Stock-in-Trade: Stood at ₹126.78 crore.

Employee Benefits Expense: Rose to ₹214.43 crore, compared to ₹155.12 crore in Q1 FY26 and ₹188.98 crore in Q4 FY26.

Other Expenses: Accounted for ₹309.79 crore, compared to ₹261.01 crore in Q1 FY26 and ₹253.48 crore in Q4 FY26.

Depreciation & Amortisation: Stood at ₹185.48 crore, reflecting retail network growth and expansion.

Finance Costs: Stood at ₹46.33 crore, largely inline with ₹46.42 crore in the previous quarter.

Tax Expenses: Total tax expense for the quarter was ₹87.19 crore, comprising current tax of ₹96.70 crore and a deferred tax credit of ₹9.51 crore.

Capital Structure

As of June 30, 2026, Vishal Mega Mart's paid-up equity share capital stood at ₹4,676.38 crore (face value of ₹10/- per share), slightly up from ₹4,673.12 crore as of March 31, 2026.

Commenting on the results, Mr. Gunender Kapur, Managing Director and Chief Executive Officer said: "We had a strong start to FY27 with Revenue from operations growing by 18.7% in Q1FY27 to Rs. 3,727.0 crores, backed by solid SSSG of 10.0%, a clear testimony of resilience of our business model in this dynamic and uncertain operating environment. Further, growth remained broad-based across all product categories.

Consumption demand trends during the quarter remained steady, supported by resilient economic activity. Our superior merchandise, operational excellence and customer-first approach helped us deliver consistent results even when the broader environment remains challenging.

During the quarter, we opened 27 gross new stores, in line with our expansion strategy. Of these, 10 stores were added in the Southern region, a market where we continue to see strong momentum and are actively deepening our presence.

PAT for Q1FY27 grew at 25.6% to Rs. 258.8 crores, in-line with our focus on profitable growth and operational excellence.

While elevated inflation weighed on demand environment in Q1, we expect the impact to taper down in the subsequent quarters. We remain confident and excited about the journey ahead, underpinned by strong fundamentals of our business and continued execution of our growth strategy."

Shares of Vishal Mega Mart Limited was last trading in BSE at Rs. 109.85 as compared to the previous close of Rs. 112.05. The total number of shares traded during the day was 1789347 in over 10286 trades.

The stock hit an intraday high of Rs. 112.30 and intraday low of 106.45. The net turnover during the day was Rs. 195576743.00.

Source : Equity Bulls

Keywords

VishalMegaMart VMM INE01EA01019 Retail Q1FY27 Q1FY2027 ResultUpdate