Vishal Mega Mart Ltd's Q3FY25 Quarterly Results

Result Summary

• Vishal Mega Mart Ltd reported a 28.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 19.8%.
• Its expenses for the quarter were up by 21.4% QoQ and 18.7% YoY.
• The net profit increased 152.6% QoQ and increased 27.9% YoY.
• The earnings per share (EPS) of Vishal Mega Mart Ltd stood at 0.6 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vishal Mega Mart Ltd is a prominent player in the Indian retail industry, primarily known for its wide range of consumer goods and retail services. The company operates a network of stores across the country, offering a variety of products including apparel, groceries, electronics, and home essentials. The company has established itself as a go-to destination for value-conscious consumers, providing competitive pricing and extensive product assortments. As of the latest available data, there are no major developments or announcements that have been highlighted. The company continues to focus on expanding its reach and enhancing customer experience through strategic store placements and diversification of product offerings.

Revenue

In the third quarter of FY25, Vishal Mega Mart Ltd reported a total income of ₹3,154.96 crores. This marks a significant quarter-over-quarter (QoQ) increase of 28.8% from ₹2,449.43 crores in Q2FY25 and a year-over-year (YoY) growth of 19.8% from ₹2,633.75 crores in Q3FY24. This rise in revenue is indicative of the company's strong sales performance during this period. The substantial increase from both the previous quarter and the same quarter in the previous year reflects the company's ability to capture market demand effectively. The revenue growth is a key indicator of the company's operational success and market competitiveness in the retail sector.

Profitability

Vishal Mega Mart Ltd's profitability metrics for Q3FY25 highlight a strong performance. The company achieved a Profit Before Tax (PBT) of ₹351.91 crores, which represents a notable 149.8% QoQ increase from ₹140.87 crores in Q2FY25, and a 29.3% YoY increase from ₹272.23 crores in Q3FY24. After accounting for tax expenses of ₹89.19 crores, the Profit After Tax (PAT) stood at ₹262.72 crores, reflecting a 152.6% QoQ rise from ₹103.99 crores and a 27.9% YoY growth from ₹205.36 crores. The Earnings Per Share (EPS) for the quarter was ₹0.60, which increased by 200% QoQ and 20% YoY. These figures underscore the company's ability to improve its profitability margins and deliver robust financial results.

Operating Metrics

The company's total expenses for Q3FY25 amounted to ₹2,803.05 crores, marking a 21.4% QoQ increase from ₹2,308.56 crores in Q2FY25 and an 18.7% YoY rise from ₹2,361.52 crores in Q3FY24. This increase in expenses is consistent with the growth in revenue, suggesting efficient scaling of operations. The tax expense for the quarter was ₹89.19 crores, which increased by 141.8% QoQ from ₹36.88 crores and by 33.4% YoY from ₹66.87 crores. These operating metrics highlight the company's capacity to manage its cost structure effectively while sustaining growth. The increased profitability has been achieved despite a rise in both operational and tax expenses.