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Vishal Mega Mart reported strong Q4 FY26 results

Vishal Mega Mart reported strong Q4 FY26 results today (14 May 2026), with net profit rising 46% YoY to ₹168 crore and revenue up 22% to ₹3,114 crore. However, margins slipped slightly, and the stock fell nearly 3–4% intraday to around ₹115 Key Financial Highlights (Q4 FY26) Revenue: ₹3,114 crore (vs. ₹2,548 crore last year) → +22% YoY Net Profit: ₹168 crore (vs. ₹115 crore last year) → +46% YoY EBITDA: ₹425 crore (vs. ₹357 crore last year) → +19% YoY EBITDA Margin: 13.6% (down from 14% last year, −40 bps) Operational Updates Store Network: 795 stores across 535 cities, covering 13.45 million sq. ft. retail area. Expansion: 25 new stores opened in Q4; 105 added during FY26. Strategy: CEO Gunender Kapur confirmed expansion remains “firmly on track” despite margin pressures Quick Takeaway Strong topline & profit growth shows resilience in retail demand. Margins under pressure from expansion costs. Stock weakness suggests investors are cautious despite earnings. Long‑term outlook: Expansion strategy and scale advantage could support growth, but near‑term margin recovery is key.