Vishal Mega Mart delivered impressive financial results for Q4 2026, with net profit surging 46% to ₹167.9 crore compared to ₹115.1 crore in the same quarter last year. According to reports from The Economic Times, this significant profit growth demonstrates the retail chain's strong operational performance during the quarter. The company announced these earnings on Thursday, 14 May, during market hours, as reported by multiple sources.
The company's revenue grew over 22% to ₹3,138.6 crore in Q4 2026, compared to ₹2,566.5 crore in Q1 2025, as reported by The Economic Times. For the full financial year 2026, revenue increased 20.5% to ₹12,992.6 crore from ₹10,774.9 crore recorded in the previous financial year. This substantial revenue increase indicates robust demand for the retailer's products and services during the quarter, with growth driven by continued focus on cost optimisation, operational efficiencies and productivity gains supported by scale expansion across its retail business.
The retailer maintained an aggressive expansion strategy during the year by adding 105 gross stores, taking its total store network to 795 outlets spread across 535 cities. Its overall retail footprint expanded to nearly 13.45 million square feet. However, after the earnings announcement, Vishal Mega Mart shares declined 4.4% to their intraday low of ₹114.24 on NSE, as reported by multiple sources. The company also reported adjusted same-store sales growth (SSSG) of 11% for FY26, while the fourth quarter witnessed a stronger adjusted SSSG of 13.2%.
The company's revenue mix during FY26 remained diversified across categories, with apparel contributing 44.2% of total revenue, followed by general merchandise at 28.5% and FMCG at 27%. The company continued strengthening its private label strategy, with its own brands accounting for 74.1% of total revenue during the year. The company's quick commerce business also saw significant expansion, with the service now available across 745 stores and catering to a registered customer base of 12.9 million users. Management expressed confidence regarding FY27 growth prospects, citing healthy business fundamentals and continued opportunities arising from India's expanding consumption-driven economy.
