Vishal Mega Mart Ltd

Revenue from operations rose 17.04% year-on-year (YoY) to Rs 3,670.41 crore for the quarter ended 31 December 2025. Profit before tax in Q3 FY26 stood at Rs 419.38 crore, up 19.75% from Rs 351.91 crore in Q3 FY25. EBITDA improved 19.8% YoY to Rs 605.1 crore in Q3 FY26 from Rs 505 crore in Q3 FY25. EBITDA margin improved to 16.5% in Q3 FY26 from 16.1% in Q3 FY25. On a nine-month basis, the company's consolidated net profit jumped 29.88% YoY to Rs 671.31 crore, while revenue increased 19.87% YoY to Rs 9,792.22 crore in 9M FY26 compared with 9M FY25. For 9M FY26, category-wise revenue contribution stood at 44.8% from apparel, 28.3% from general merchandise, and 26.7% from FMCG. As of 31 December 2025, the company operated 771 stores across 517 cities, spanning a total retail area of approximately 13.15 million square feet, reflecting its deep reach and presence. As of the same date, the company had a large and loyal consumer base of around 163 million customers. The company's quick-commerce initiative is now available in 723 stores across 485 cities, with a registered user base of 11.9 million as of 31 December 2025. Gunender Kapur, managing director and chief executive officer, said, 'As we complete one year as a listed company, I would like to acknowledge and thank our stakeholders for their support and belief in our journey. Continuing on our growth trajectory, we delivered a strong performance during the quarter. For the quarter, the revenue from operations increased to Rs. 36,704 million, growing by 17.0% with adjusted SSSG of 9.6%, normalizing the 2.1% adverse impact due to preponement of Durga Puja festivities from Q3 to Q2 this year. For the nine-month period, revenue from operations increased to Rs. 97,922 million, growing by 19.9% with SSSG of 9.1% (Adjusted SSSG of 10.3%). We saw healthy festive demand across all product categories. Our unique range of merchandise especially our strong portfolio of own brands and leadership in opening price points continued to translate into healthy footfalls across stores. The company sustained momentum on its accelerated store rollout plan, adding 29 gross new stores during the quarter and 80 in 9MFY26 with continued focus on strategic expansion into new states like Kerala, Gujarat, Maharashtra. We believe that India is poised for the next wave of consumption growth, aided by initiatives such as GST rate rationalization and reforms in direct taxation, and are optimistic about the positive impact these changes could have on our business in the years to come.' Vishal Mega Mart is a leading retail player. It offers products across three major product categories, i.e., apparel, general merchandise and FMCG, through a pan-India network of 771 Vishal Mega Mart stores as of December 31, 2025 and Vishal Mega Mart mobile application and website. The counter dropped 4.28% to Rs 119.70 on the BSE. Powered by Capital Market - Live

Net profit of Vishal Mega Mart rose 19.11% to Rs 312.92 crore in the quarter ended December 2025 as against Rs 262.72 crore during the previous quarter ended December 2024. Sales rose 17.04% to Rs 3670.41 crore in the quarter ended December 2025 as against Rs 3135.94 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3670.413135.94 17 OPM %16.4916.10 - PBDT587.03492.57 19 PBT419.38351.91 19 NP312.92262.72 19 Powered by Capital Market - Live

Vishal Mega Mart will hold a meeting of the Board of Directors of the Company on 27 January 2026.Powered by Capital Market - Live

Vishal Mega Mart has allotted 19,34,880 equity shares under ESOP on 01 December 2025. Consequently, the paid up equity share capital of the company has increased to Rs. 46,73,00,28,060 consisting of 4,67,30,02,806 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live

Net profit of Vishal Mega Mart rose 46.47% to Rs 152.31 crore in the quarter ended September 2025 as against Rs 103.99 crore during the previous quarter ended September 2024. Sales rose 22.38% to Rs 2981.49 crore in the quarter ended September 2025 as against Rs 2436.22 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales2981.492436.22 22 OPM %13.2312.41 - PBDT373.50281.42 33 PBT204.37140.87 45 NP152.31103.99 46 Powered by Capital Market - Live

Vishal Mega Mart will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

Vishal Mega Mart has allotted 17,63,807 equity shares under ESOP on 19 September 2025. Consequent to the allotment, the paid-up share capital of the Company has accordingly increased from Rs. 46,69,30,41,190 consisting of 4,66,93,04,119 equity shares having a face value of Rs.10/- each to Rs. 46,71,06,79,260 consisting of 4,67,10,67,926 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live

Vishal Mega Mart announced that the Annual General Meeting(AGM) of the company will be held on 29 September 2025.Powered by Capital Market - Live

Vishal Mega Mart has allotted 79,33,333 equity shares under ESOP on 25 August 2025. Consequent to the allotment, the paid-up share capital of the Company has accordingly increased from Rs. 46,61,37,07,860 consisting of 4,66,13,70,786 equity shares having a face value of Rs.10/- each to Rs. 46,69,30,41,190 consisting of 4,66,93,04,119 equity shares having a face value of Rs. 10/- each. Powered by Capital Market - Live

For Q1 FY26, the category-wise revenue contribution was 47.4% for Apparel, 27.3% for General Merchandise and 25.1% for FMCG. For the quarter, Own brands contribution to revenue was 75.8%. EBITDA improved by 25.6% to Rs 459.2 crore in Q1 FY26 from Rs 365.6 crore in Q1 FY25. Operating EBITDA margin was 14.6% in Q1 FY26 as against 14.1% in Q1 FY25. Profit before tax in Q1 FY26 stood at Rs 276 crore, up by 37.4% from Rs 200.8 crore in Q1 FY25. As on 30 June 2025, the company operates 717 stores across 472 cities spanning a total retail area of nearly 12.4 million square feet. As on 30 June 2025, the company had a consumer base of nearly 151 million. The company has extended its quick commerce initiative to 670 stores across 445 cities and a registered user base of 9.8 million. Gunender Kapur, managing director and chief executive officer said: 'In Q1 FY26, we continued to deliver a strong performance in both revenue and profitability and demonstrated the strength of our purpose-led strategy of making aspirations affordable for consumers across geographies in India. Revenue from operations grew by 21% to Rs 3,140.3 crore driven by healthy double-digit SSSG of 10.5% (Adjusted SSSG of 11.4%). Revenue growth YoY is impacted on account of Eid and Ugadi festivals preponement to Q4 FY25 (March'25) from Q1 FY26 (April'25). Last year, these festivals were in Q1 FY25 (April'24). Growth was mainly driven by continued strength of our own 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. 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.' Vishal Mega Mart is a leading retail player. It offers products across three major product categories, i.e., apparel, general merchandise and FMCG, through a pan-India network of 717 Vishal Mega Mart stores as of 30 June 2025 and Vishal Mega Mart mobile application and website. The scrip had advanced 1.49% to end at Rs 146.50 on the BSE today. Powered by Capital Market - Live