Vishal Mega Mart Limited reported robust growth for the quarter and financial year ended March 31, 2026. The company achieved a consolidated revenue of ₹1,29,063 million for the full fiscal year, marking a 20.4% increase year-over-year. Profits also saw substantial gains, with Profit After Tax (PAT) reaching ₹8,392 million for the year, a 32.8% improvement compared to the previous period, driven by an expanding store network and a growing loyalty consumer base.
Fiscal Year 2026 Financial Highlights
Vishal Mega Mart Limited demonstrated significant financial momentum in FY2026. The company’s consolidated revenue from operations climbed to ₹1,29,063 million, reflecting a steady 20.4% growth over FY2025. Profitability metrics were equally strong, with Adjusted EBITDA for the year rising to ₹13,211 million, achieving a margin of 10.2%. The Profit After Tax grew to ₹8,392 million, underscoring the effectiveness of the company’s operational strategy.
Strategic Growth and Store Expansion
During the fiscal year, the company maintained an aggressive expansion strategy, adding 105 gross new stores. As of March 31, 2026, the company operates a massive network of 795 stores across 535 cities, covering 13.45 million square feet of retail space. This physical footprint is supported by a strong regional presence, with 40.2% of revenue generated from the Northern region.
Consumer Loyalty and Brand Portfolio
The company’s loyalty program remains a core pillar of its success, engaging a massive base of approximately 169 million registered loyalty customers. This loyal segment contributes to nearly 95% of the company’s total revenue. Furthermore, the company’s diverse portfolio of 26 own brands continues to perform exceptionally, contributing 74.1% of total revenue in FY2026. With 11 brands each generating over ₹1 billion in sales, the company’s private label strategy continues to drive affordability and brand preference among Indian consumers.
Quick Commerce and Digital Transformation
Vishal Mega Mart is successfully scaling its digital presence through its Quick Commerce platform. The service is now available through 745 stores offering hyperlocal delivery, covering 505 cities. The platform has seen significant traction, with the registered user base reaching approximately 13 million, growing by 48% year-over-year, as the company continues to integrate its online and offline shopping experiences.
Source: BSE
