Vishal Mega Mart Shares Surge 8% on Strong Q1 Earnings
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BTCCSquare news:
Vishal Mega Mart's stock climbed nearly 8% to a 52-week high after reporting a 37% year-on-year increase in consolidated net profit for Q1 2025. Revenue ROSE 21% to ₹3,140.3 crore, with EBITDA growing 33.7% to ₹324.4 crore.
The retailer expanded its footprint with 23 new stores, particularly in South India, while maintaining strong performance across apparel (47.4% of revenue), general merchandise (27.3%), and FMCG (25.1%) categories. Its quick commerce initiative now covers 670 stores nationwide.
"Our growth stems from robust own-brand performance, increased foot traffic, and strategic expansion," said CEO Gunender Kapur. The company's consumer base reached 151 million, with 9.8 million registered users in its digital ecosystem.
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