Vishal Mega Mart (VMM) Q4 23/24 earnings summary

Executive summary

• FY24 consolidated revenue from operations rose to ₹8,911.95 crore from ₹7,586.04 crore; PAT increased to ₹461.93 crore from ₹321.28 crore.

• Consolidated PBT reached ₹620.95 crore versus ₹430.54 crore; basic EPS was ₹1.02 versus ₹0.71.

Financial highlights

• Consolidated total income was ₹8,945.13 crore; total expenses were ₹8,324.18 crore, versus ₹7,618.90 crore and ₹7,188.36 crore in FY23.

• Net cash from operating activities was ₹829.69 crore versus ₹635.54 crore; cash and cash equivalents at year-end were ₹86.96 crore versus ₹45.49 crore.

• Standalone revenue was ₹6,238.80 crore and PAT ₹317.86 crore, compared with ₹5,619.15 crore and ₹246.51 crore in FY23.

Segment performance

• One reportable segment: wholesale and retail trading; all revenue came from India, with no single external customer contributing over 10% of consolidated revenue.

• Consolidated traded-goods revenue: apparel ₹3,901.32 crore, FMCG ₹2,447.31 crore and general merchandise ₹2,543.31 crore.

• Airplaza Retail Holdings revenue from operations rose to ₹8,824.31 crore from ₹7,528.37 crore.