Vishal Mega Mart Q3 FY26 Results: Profit Rises 19% on Store Expansion and Festive Demand

Vishal Mega Mart delivered strong financial performance in the third quarter of FY26, reporting double-digit growth in profit and revenue. The retailer benefited from steady festive demand and continued store expansion across key states. 

Improved operating efficiency also supported margin growth, reinforcing the company’s focus on scaling its retail footprint.

Profit and Revenue Performance

The company recorded a net profit of ₹312.9 crore in Q3 FY26, marking a 19.1% increase compared with ₹262.7 crore in the same quarter last year. Revenue rose 17% year-on-year to ₹3,670 crore, driven by healthy sales across its retail network.

Margin and Operational Efficiency

EBITDA grew 20% to ₹605.4 crore from ₹504.5 crore a year earlier. EBITDA margin improved to 16.5% from 16.1% in the previous year, reflecting better cost management and operating leverage.

Adjusted same-store sales growth stood at 9.6%. The company noted that Q3 figures faced a temporary 2.1% impact due to the shift of Durga Puja festivities into the previous quarter.

Store Expansion Strategy

Vishal Mega Mart added 29 new stores during the quarter, with no closures reported. This brought the total number of new stores opened in the first nine months of FY26 to 80. Expansion remained focused on states including Kerala, Gujarat and Maharashtra, aligning with the company’s regional growth plans.

Vishal Mega Mart Share Price Movement

On 28 January 2026, Vishal Mega Mart shares were trading at ₹120.35, down from the previous close of ₹125.02. During the session, the stock moved between ₹118.88 and ₹126.35.

Read More: IRCTC Share Price in Focus; Board to Consider Second Interim Dividend for FY 2025–26.

Conclusion

Vishal Mega Mart’s Q3 FY26 performance reflects continued growth driven by store rollout and consumer demand during the festive season. While short-term share price movement showed volatility, the company’s expansion strategy and improving margins indicate a sustained focus on long-term retail growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.