For Q1 FY26, Apparel contributed 47.4% to revenue, general merchandise 27.3% and FMCG 25.1%. Own brands contributed 75.8% to the revenue during the period under review.

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.