Vishal Mega Mart, the leading supermarket chain, has reported a 28% year-on-year (YoY) increase in net profit for the third quarter of FY25, amounting to ₹262.7 crore, up from ₹205.3 crore in the same period last year. The strong performance comes as the company continues to expand its retail footprint across India.
The company’s revenue from operations rose by 19.5%, reaching ₹3,136 crore in Q3 FY25, compared to ₹2,623.5 crore in the corresponding period of FY24. Vishal Mega Mart’s operating profit, measured by EBITDA (earnings before interest, tax, depreciation, and amortisation), climbed 18.3% to ₹505 crore, up from ₹427 crore in Q3 FY24. The EBITDA margin stood at 16.1%, slightly lower than 16.3% in the year-ago quarter.
As of December 31, 2024, Vishal Mega Mart operated 668 stores across 432 cities, with a total retail space of approximately 11.8 million square feet. The company’s loyal consumer base continues to grow, reaching 141 million customers by the end of 2024.
For the nine months ending December 2024, Vishal Mega Mart’s revenue distribution highlighted its diversified business model, with 45% of revenue coming from apparel, 28% from general merchandise, and 27% from FMCG products.
With strong financial performance and continued growth, Vishal Mega Mart remains a key player in India’s retail sector, positioning itself for further expansion and success in the upcoming quarters.
On February 01, 2025, Vishal Mega Mart share price traded 0.79% higher at ₹108.80. Vishal Mega Mart’s share price reached a 52-week high of ₹117.50 on January 03, 2025, and a 52-week low of ₹96.71 on December 23, 2024. As per BSE, the total traded volume for the stock stood at 3.52 lakh shares with a turnover of ₹3.84 crore.
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Published on: Feb 1, 2025, 10:01 AM IST
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