VISHAL MEGA MART LIMITED

During the earnings conference call for the quarter ended June 30, 2026, management reported a revenue from operations of INR 3,727 crores, reflecting an 18.7% growth year-over-year, supported by a 10% same-store sales growth. Operating EBITDA increased by 19.3% to INR 387 crores, with an operating margin improvement from 10.3% to 10.4%. Profit after tax rose by 25.6% to INR 259 crores, with a PAT margin of 6.9%. The company opened 27 new stores, bringing the total to 819 across 559 cities. Management highlighted strong performance in private brands, which contributed 75.2% to revenue growth. The quick commerce segment expanded to 767 stores, with over 1.4 crore registered consumers. Management expressed confidence in the business fundamentals despite inflationary pressures and indicated plans for further expansion in small store formats, particularly in Uttar Pradesh and Haryana.

Management highlighted strong growth and operational performance despite challenging market conditions.