Newly-listed SS Retail shares rose 15% on October 14 after the company reported a 61% increase in consolidated net profit to Rs 24 crore for the quarter ended June 30, 2026, supported by growth in revenue and operating profitability.
Revenue from operations rose 59% to Rs 790 crore on an annual basis. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 51% to Rs 45.4 crore. Basic and diluted earnings per share stood at Rs 3.58, against Rs 2.64 in the previous quarter.
The company completed its initial public offering (IPO) after the end of the quarter. The issue was priced at Rs 424 per share, including a premium of Rs 414, and comprised a fresh issue of 85,04,075 shares worth Rs 360 crore and an offer for sale of 33,01,884 shares worth Rs 140 crore by existing shareholders.
At 10:25 am on October 14, SS Retail shares were trading 14.3% higher at Rs 791.1 apiece.
"Strong business momentum, improving operating efficiencies and a scalable retail model drive profitable growth," said the company.