Vishal Mega Mart shares surge nearly 3% after Q3 net profit surges 28% YoY

Vishal Mega Mart shares surged by 2.6% in early trade to a day’s high of Rs 110.80 on the BSE on Saturday, February 1, after the supermarket chain reported a 28% year-on-year (YoY) increase in net profit to Rs 262.7 crore for the third quarter of FY25, up from Rs 205.3 crore in the same period last year.

Revenue from operations rose 19.5% to Rs 3,136 crore, compared to Rs 2,623.5 crore in Q3 FY24.

At the operating level, EBITDA climbed 18.3% to Rs 505 crore over Rs 427 crore in the Q3 FY24. The EBITDA margin stood at 16.1% in the reporting quarter against 16.3% in the year-ago quarter. EBITDA is earnings before interest, tax, depreciation, and amortisation.


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.

Also Read: Stocks in news on Budget day: ITC, Sun Pharma, Vishal Mega Mart, Infosys, Hero MotoCorp, HUL, RVNL, IRCTC

For the nine months ended December 2024, Vishal Mega Mart's revenue distribution was as follows: 45% came from apparel, 28% from general merchandise, and 27% from FMCG. Further, Vishal Mega Mart has a loyal consumer base, which has grown to approximately 141 million as of December 31, 2024.

"Despite subdued demand conditions in the consumer industry, we delivered a robust financial performance, achieving revenue growth of 19.5% in Q3FY25 and 19.4% in 9MFY25 taking the revenue from operations to Rs 31,359 million and Rs 81,685 million respectively. Our profit after tax grew by 27.9% in Q3FY25 to Rs 2,627 million and by 29.0% in 9MFY25 to Rs 5,169 million," said Gunender Kapur, Managing Director and Chief Executive Officer.

Also Read: Back in running, Street bulls hope for steroids on Budget Day

Vishal Mega Mart technical indicators

Technically, the stock's relative strength index (RSI) is at 50.5. According to Trendlyne, an RSI below 30 is considered oversold, while above 70 indicates overbought conditions.

The stock is trading above its 5-day, 10-day, 20-day, and 30-day simple moving averages (SMAs).

Vishal Mega Mart's stock performance

On Friday, Vishal Mega Mart shares closed at Rs 107.9, up 1.5% on the BSE, while the benchmark Sensex gained 1%. From its issue price of Rs 78, the stock has surged 38.5%.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)