Department Stores company Vishal Mega Mart announced Q2FY26 results Revenue from operations stood at Rs 29,815 million, YoY growth of 22.4%. Adjusted EBITDA (pre-INDAS 116 and pre-ESOP charges) stood at Rs 2,529 million (8.5% margin), YoY growth of 34.2%. Adjusted PAT (pre-ESOP charges) stood at Rs 1,617 million (5.4% margin), YoY growth of 39.4%. SSSG of 11.3% (Adjusted SSSG of 12.8%). 28 Gross and 25 Net stores were added. Gunender Kapur, Managing Director & Chief Executive Officer, said: “Q2FY26 marked another period of delivering strong results with healthy growth in both revenue and profitability, demonstrating the strength of our customer-centric value proposition and disciplined execution. For the quarter, the revenue from operations increased to Rs 29,815 million, growing by 22.4% with healthy double-digit SSSG of 11.3% (Adjusted SSSG of 12.8%). For the halfyear, our revenues from operations increased to Rs 61,218 million, growing by 21.6% with SSSG of 10.9% (Adjusted SSSG of 12.1%). Growth was supported by the sustained strength of our own-brand portfolio, healthy footfalls, and new store additions. We added 28 gross new stores during the quarter and 51 in half-year, in line with our growth strategy and strengthening our presence in core geographies and expansion into new states. Revenue growth in Q2FY26 has some impact of early onset of Durga Puja festivities in Sep’25 vs Oct’24 last year. Profit margins remained strong driven by benefits of operating leverage. PAT for Q2FY26 stands at Rs 1,523 million with yoy growth of 46.5% and PAT for H1FY26 stands at Rs 3,584 million with yoy growth of 41.0%. The government’s initiative of GST rate rationalization is a positive step towards stimulating consumption. Our commitment remains to pass on these benefits to our customers to enable long-term inclusive growth for all.” Result PDF