Vishal Mega Mart Limited reported a 13.99% year-on-year (YoY) increase in consolidated revenue from operations to ₹3,398.53 crore for the second quarter of FY27, compared with ₹2,981.49 crore in the corresponding quarter last year.
The company’s consolidated net profit rose 3.66% YoY to ₹157.88 crore in Q2 FY27, against ₹152.31 crore in Q2 FY26. The results were announced on October 21, 2026, for the quarter ended September 30, 2026.
Vishal Mega Mart Q2 Results : Key Financial Highlights
Consolidated results
- Revenue from operations: ₹3,398.53 crore, up 13.99% YoY.
- Net profit: ₹157.88 crore, up 3.66% YoY.
- Operating EBITDA: ₹412.04 crore, up approximately 4.4% YoY.
- EBITDA margin: 12.13%, compared with approximately 13.23% in the year-ago quarter.
- Total income: ₹3,436.92 crore.
- Total expenses: ₹3,225.61 crore.
The numbers show that revenue grew faster than operating profit and net profit. The decline in EBITDA margin indicates pressure on operating profitability during the quarter.
Revenue Growth and Retail Expansion
Vishal Mega Mart continued to report growth in its value-focused retail business. Revenue from operations increased by nearly 14% compared with Q2 FY26, reflecting higher business activity.
The company added 26 new stores during the quarter, taking its total store count to 844 across 582 cities as of September 30, 2026. The store expansion strengthens its presence across India’s value retail market.
Same-Store Sales Growth and Margin Performance
The company reported same-store sales growth (SSSG) of 5.4% for Q2 FY27. It also indicated that SSSG would have been approximately 9% after adjusting for the shift in festive demand.
Despite the increase in revenue, the EBITDA margin declined to 12.13% from approximately 13.23% in Q2 FY26. This suggests that operating costs and other expenses affected the pace of profit growth.
For investors tracking the retail sector, the key factors to watch are the company’s ability to sustain revenue growth, improve same-store sales and protect margins as it expands its store network.
Vishal Mega Mart H1 FY27 Performance
For the six months ended September 30, 2026, the company reported:
- Revenue from operations: ₹7,125.54 crore, up 16.4% YoY.
- Net profit: ₹416.65 crore, up approximately 16.3% YoY.
- Same-store sales growth: 7.7%.
The half-year figures indicate stronger year-on-year growth than the latest quarter’s net profit growth, making the performance of the second half of FY27 important to monitor.
What Do Vishal Mega Mart’s Q2 Results Indicate?
Vishal Mega Mart delivered healthy revenue growth in Q2 FY27, supported by its retail expansion. However, net profit grew at a slower pace than revenue, and the EBITDA margin declined.
The company’s future performance will depend on sustaining sales growth, managing costs and converting its expanding store network into stronger profitability.
Source: Vishal Mega Mart — official website | NSE corporate filings | Company press release dated October 21, 2026.
Disclaimer: This article is for informational and educational purposes only. It is not investment advice or a recommendation to buy or sell any security. Investors should review the company’s official filings and consider their own financial objectives before making investment decisions.
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