Vishal Mega Mart Ltd (NSE: VMM), one of India\u2019s prominent value retail chains, delivered a robust set of financial results for the third quarter of fiscal year 2026 (Q3 FY26), underpinned by a healthy uptick in consumer demand during the festive season and continued expansion of its retail footprint. The company announced its unaudited consolidated financial results for the quarter ended December 31, 2025, at a board meeting held on January 27, 2026.<\/p>\n\n\n\n
For Q3 FY26, Vishal Mega Mart reported consolidated revenue from operations of \u20b936,704 million, marking a 17.0% year-on-year increase<\/strong> from the same quarter in the prior year. Net profit after tax for the quarter stood at \u20b93,129 million, up 19.1% year-on-year<\/strong>, reflecting sustained demand across its retail network.<\/p>\n\n\n\n The company\u2019s earnings before interest, taxes, depreciation, and amortization (EBITDA) also expanded, rising nearly 20% to \u20b9605.1 crore in Q3 FY26, compared with the prior year period. Correspondingly, the EBITDA margin improved slightly<\/strong>, demonstrating improved operational leverage.<\/p>\n\n\n\n Management highlighted that robust festive season demand \u2014 particularly during key consumption periods \u2014 was a significant factor driving revenue growth. Explained in investor communications, adjusted same-store sales growth (SSSG) for the quarter was roughly 9.6%<\/strong>, after factoring in a temporary 2.1% adverse impact from the earlier timing of the Durga Puja festival relative to the previous year.<\/p>\n\n\n\n Operational expansion remained a cornerstone of the company\u2019s growth strategy. During Q3 FY26, Vishal Mega Mart added 29 gross new stores<\/strong>, further broadening its presence in both existing and new markets. As of December 31, 2025, the company operated 771 stores across 517 cities<\/strong>, covering approximately 13.15 million square feet of retail space<\/strong>. This extensive footprint underlines the company\u2019s focus on penetrating tier-2 and tier-3 markets with value retail offerings.<\/p>\n\n\n\n On a cumulative basis for the nine months ended December 31, 2025 (9M FY26)<\/strong>, the company recorded consolidated revenue of \u20b997,922 million, a 19.9% increase<\/strong> from the corresponding period last year. Profit after tax for the nine-month period grew by nearly 30%, signaling consistent performance beyond seasonal factors.<\/p>\n\n\n\n Category wise, apparel continued to be the largest contributor to revenue, accounting for approximately 44.8%, followed by general merchandise (28.3%) and fast-moving consumer goods (26.7%), reflecting the diversified nature of the company\u2019s retail portfolio.<\/p>\n\n\n\n Vishal Mega Mart\u2019s initiatives to enhance consumer engagement also made progress. The company\u2019s quick commerce services<\/strong> \u2014 aimed at fulfilling smaller orders rapidly \u2014 were active in 723 stores across 485 cities<\/strong>, with a registered user base of nearly 11.9 million<\/strong>, indicating growing adoption of faster delivery options.<\/p>\n\n\n\n The Q3 FY26 performance highlights Vishal Mega Mart\u2019s ability to convert market opportunities into tangible financial results, buoyed by a blend of seasonal demand, expanding retail density, and customized service offerings. As the company deepens its presence across India\u2019s value retail landscape, its focus on operational efficiency and network growth will remain central to its long-term strategy.<\/p>\n","protected":false},"excerpt":{"rendered":" Vishal Mega Mart Ltd (NSE: VMM), one of India\u2019s prominent value retail chains, delivered a robust set of financial results for the third quarter of fiscal year 2026 (Q3 FY26), underpinned by a healthy uptick in consumer demand during the festive season and continued expansion of its retail footprint. The company announced its unaudited consolidated […]<\/p>\n","protected":false},"author":2391,"featured_media":178072,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,1941],"tags":[14933,10169,14492,10089,8145,12232,13068],"class_list":["post-178070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-stock-analysis","tag-chains","tag-earnings","tag-financial-results","tag-quarterly-earnings","tag-retail","tag-retail-stores","tag-vishal-mega-mart"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/vishal.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178001,"url":"https:\/\/alphastreet.com\/india\/vishal-mega-mart-q3-fy26-earnings-results\/","url_meta":{"origin":178070,"position":0},"title":"Vishal Mega Mart Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 28, 2026","format":false,"excerpt":"Incorporated In 2001, Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials. Q3 FY26 Earnings Results Revenue from Operations: \u20b93,670.41 cr, +17.04% YoY vs \u20b93,135.94 cr, +23.11% QoQ. EBITDA: \u20b9605.4 cr, +20% YoY vs \u20b9504.5 cr, margin 16.5%\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":153230,"url":"https:\/\/alphastreet.com\/india\/v2-retail-ltd-q1fy24-25-rise-in-revenue\/","url_meta":{"origin":178070,"position":1},"title":"V2 Retail Ltd Q1FY24; 25% rise in Revenue","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"V2 Retail offers an unparalleled retail mix, a large Variety of Smart, Trendy, Fashionable apparels across categories under one roof. The company was incorporated in 2001 as Vishal Megamart Limited. 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Q3 FY26 Earnings Results V-Mart Retail posted a strong turnaround in Q3 FY26 with net profit surging 1,091% YoY from loss to profit, driven by festive demand and operational\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":180007,"url":"https:\/\/alphastreet.com\/india\/electronics-mart-india-limited-reports-q3-fy26-growth-in-revenue-margins-steady-amid-expansion\/","url_meta":{"origin":178070,"position":3},"title":"Electronics Mart India Limited reports Q3 FY26 growth in revenue; margins steady amid expansion","author":"Staff Correspondent","date":"February 9, 2026","format":false,"excerpt":"Electronics Mart India Limited (NSE: EMIL, BSE: 543626) reported its business and financial performance for the third quarter and nine months ended Dec. 31, 2025, showing moderate revenue growth and stable operating margins as the company continued store expansion across southern India and NCR, according to its investor presentation. Q3\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":177240,"url":"https:\/\/alphastreet.com\/india\/v-mart-retail-reports-88-crore-rupee-net-profit-in-third-quarter-as-revenue-rises\/","url_meta":{"origin":178070,"position":4},"title":"V-Mart Retail Reports 88 Crore Rupee Net Profit in Third Quarter as Revenue Rises","author":"Staff Correspondent","date":"January 23, 2026","format":false,"excerpt":"V-Mart Retail Reports 88 Crore Rupee Net Profit in Third Quarter as Revenue Rises V-Mart Retail Ltd (NSE: VMART, BSE: 534976) shares closed at 579.25 rupees on Friday, marking a 1.91 percent intraday decline. The company released its third-quarter financial results for fiscal year 2026 during market hours on January\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":169615,"url":"https:\/\/alphastreet.com\/india\/v2-retail-ltd-q1-fy26-earnings-results-56-rise-in-profits\/","url_meta":{"origin":178070,"position":5},"title":"V2 Retail Ltd Q1 FY26 Earnings Results – 56% rise in Profits","author":"Chirag Gupta","date":"July 31, 2025","format":false,"excerpt":"Company primarily operates in Tier-II and Tier-III cities, with a chain of \u201cV2 Retail\u201d stores offering apparel and general merchandise, catering to the entire family. Presenting below are its latest Q1 FY26 earnings. \u00a0 Q1 FY26 Earnings Summary (Apr\u2013Jun 2025) Consolidated Revenue from Operations:\u00a0\u20b9632.2 crore, up 52% year-over-year (YoY) from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"V2 Retail Limited Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/4-4.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2391"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=178070"}],"version-history":[{"count":2,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178070\/revisions"}],"predecessor-version":[{"id":178078,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/178070\/revisions\/178078"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/178072"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=178070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=178070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=178070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Demand Drivers and Same-Store Sales Growth<\/strong><\/h2>\n\n\n\n
Store Network Expansion and Footprint Enhancement<\/strong><\/h2>\n\n\n\n
Nine-Month Performance Trends<\/strong><\/h2>\n\n\n\n
Consumer Engagement and Quick Commerce<\/strong><\/h2>\n\n\n\n
Outlook Context<\/strong> <\/h2>\n\n\n\n