Vishal Mega Mart shares rally 10% as Q4 net profit jumps 88%

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Total income rose to ₹2,566.52 crore in the quarter under review as against ₹2,075.93 crore in the corresponding quarter last year.
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Vishal Mega Mart shares rallied 10 per cent on Wednesday. Despite the challenging demand environment, the company recorded a stellar Q4FY25 show exceeding consensus estimates.

The stock closed at its upper circuit on the BSE at ₹118.35, higher by 9.99 per cent.

ICICI Securities’ analysts have maintained a positive outlook on the stock stating that the company is well-positioned for sustained and profitable growth. They have retained buy rating at a target price of ₹140 (about 18 per cent upside potential from Wednesday’s close) and expects Vishal Mega Mart to maintain its strong momentum, supported by aggressive store expansion and a focus on value-driven pricing.

Its consolidated profit after tax surged to ₹115.11 crore in March 2025 quarter (higher by 88 per cent) as against ₹61.21 crore in the corresponding quarter previous year.

Total income rose to ₹2,566.52 crore in the quarter under review as against ₹2,075.93 crore in the corresponding quarter last year.

In FY25, the company’s profit after tax (PAT) surged 36.8 per cent to ₹631.96 crore.

As on March 31, 2025, the company operates 696 stores across 458 cities.

In FY25, the category-wise revenue contribution was 44 per cent for apparel, 28 per cent for general merchandise and 28 per cent for FMCG, per company’s stock exchange disclosure.

Gunender Kapur, Managing Director and Chief Executive Officer, Vishal Mega Mart, said, “Our robust profitability was driven by improved cost efficiencies and the benefits of operating leverage, reflecting our continued focus on disciplined execution and scale-driven productivity.

“As we move forward, our approach remains centred on expanding responsibly, deepening market penetration, and strengthening our private label portfolio.”

Published on April 30, 2025

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