Shares of Vishal Mega Mart Limited today dropped over 6 percent after the company reported earnings below estimates in the second quarter of the financial year 2026-27 amid margin pressure from last year and an impact to its Same Store Sales Growth (SSSG). The company reported a 3.7 per cent year-on-year growth in its consolidated profit after tax (PAT) at Rs 158 crore in the July-September quarter, below Street's estimates of Rs 180 crore.
In fact, the SSSG in the reporting quarter hit an all-time low since the company started reporting its quarterly earnings after its listing, back in May 2025, on the stock exchanges.
The company reported consolidated PAT at Rs 152.3 crore in the same quarter the previous financial year, according to a regulatory filing.
Shares of Vishal Mega Mart were trading at Rs 88.84 at the time of filing the report at around 1.20 pm. The stock opened today at Rs 94.98 and declined to a low of Rs 86.66, on the NSE.
Vishal Mega Mart's revenue from operations increased 14 percent YoY to Rs 3,399 crore in the reporting quarter, compared with Rs 2982 crore in the year-ago period. The revenue too missed Street's estimate of Rs 3,487 crore.