Vishal Mega Mart Share Price in Focus; Revenue Rises 14%, Net Profit Up 3.7%

Vishal Mega Mart Limited reported a 14% year-on-year increase in revenue from operations to ₹3,398.5 crore in Q2FY27, as per exchange filings dated October 21, 2026.  

Revenue stood at ₹2,981.5 crore in the corresponding quarter of the previous financial year. Net profit rose 3.7% to ₹157.9 crore from ₹152.3 crore.  

Gross profit increased 12.7% to ₹950.1 crore, while reported EBITDA grew 4.4% to ₹412 crore. 

Margins Decline During the Quarter 

The company’s EBITDA margin fell to 12.1% in Q2FY27 from 13.2% a year earlier. Net profit margin also declined to 4.6% from 5.1%. 

Operating EBITDA, calculated before Ind AS 116 and ESOP charges, increased 3.7% to ₹262.2 crore. Its margin fell to 7.7% from 8.5%. Adjusted profit after tax, before ESOP charges, stood at ₹172 crore, up 6.4% from ₹161.7 crore in Q2FY26. 

Festive Calendar Affects Sales Growth 

Vishal Mega Mart said the shift in the festive calendar affected sales growth during the quarter. Puja and Dussehra purchases moved from Q2 to Q3 because of an 18-day change in the calendar. 

Same-store sales growth (SSSG) stood at 5.4%. The company estimated that it would have been around 9% without the impact of the shift, which it put at 3–4 percentage points. 

Store Count and Quick Commerce 

The retailer added 26 gross stores during the quarter, taking its total to 844 across 582 cities as of September 30, 2026. Its retail area covered approximately 1.41 crore square feet. 

During Q2FY27, the company also opened its first pilot store under Belong & Co., an apparel format aimed at young, affluent urban consumers. Its quick-commerce service was available across 781 stores in 532 cities, with 1.5 crore registered users. 

First-Half Financial Results 

For H1FY27, revenue increased 16.4% to ₹7,125.5 crore. Net profit rose 16.3% to ₹416.6 crore, compared with ₹358.4 crore in H1FY26. Operating EBITDA increased 12.5% to ₹649.2 crore. 

Read More: Delta Corp Share Price in Focus; Posts ₹106.41 Crore Net Loss in Q2FY27! 

Vishal Mega Mart Share Price Performance  

As of October 21, 2026, 2:11 pm, Vishal Mega Mart share price was trading at ₹89.78, a 4.93% decrease from the previous closing price. 

Conclusion 

Vishal Mega Mart reported higher revenue and net profit in Q2FY27, while margins declined. The company attributed part of the pressure on sales growth and margins to festive purchases shifting into Q3. 

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