Vishal Mega Mart shares fell sharply on Wednesday after the retailer reported a 110-basis-point year-on-year contraction in EBITDA margin to 12.1% in Q2FY27. Net profit rose 3.7% to Rs 157.9 crore, while revenue increased 14% to Rs 3,398.5 crore. The company attributed margin pressure to a shift in festival timing.
Vishal Mega Mart shares fell sharply on Wednesday after the retailer reported a 110-basis-point year-on-year contraction in EBITDA margin to 12.1% in Q2FY27. Net profit rose 3.7% to Rs 157.9 crore, while revenue increased 14% to Rs 3,398.5 crore. The company attributed margin pressure to a shift in festival timing.
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