Vishal Mega Mart Limited reported robust growth for FY26, with revenue from operations rising 20.4% to ₹129,063 million. The company saw a strong finish in Q4FY26, achieving a 22.2% year-over-year revenue increase. Profit after tax for the full year climbed to ₹8,392 million, reflecting a 32.8% growth, supported by disciplined cost efficiencies, scale-driven productivity, and a significant expansion of its retail footprint across India.
Annual and Quarterly Financial Performance
Vishal Mega Mart Limited has delivered strong financial results for the period ended March 31, 2026. For the fourth quarter (Q4FY26), the company recorded revenue of ₹31,141 million, representing a 22.2% year-over-year growth. The full fiscal year (FY26) saw revenue reach ₹129,063 million, a 20.4% increase over the previous year. Profitability also saw significant gains, with PAT for FY26 standing at ₹8,392 million, marking a 32.8% rise.
Strategic Expansion and Operational Highlights
The company continued its aggressive growth strategy, adding 105 gross stores during FY26, bringing the total store count to 795 across 535 cities. The retail network now spans approximately 13.45 million Sq. Ft. The company also reported an industry-leading adjusted SSSG of 11.0% for the full year and 13.2% for the final quarter.
Business Composition and Future Outlook
The revenue mix for FY26 remained well-diversified, with Apparel contributing 44.2%, General Merchandise at 28.5%, and FMCG at 27.0%. The focus on own brands has yielded positive results, with their contribution to revenue rising to 74.1%. Furthermore, the company’s Quick commerce initiative has expanded to 745 stores, serving a registered user base of 12.9 million. Management remains optimistic about FY27, citing strong fundamentals and a commitment to participating in India’s growing consumption landscape.
Source: BSE
