India's Vishal Mega Mart hits record high on Q1 profit jump

Vishal Mega Mart

14/08/2025 04:52

** Vishal Mega Mart VSSL.NS rises 6.8% to record high of 154 rupees; marks biggest intraday pct gain since April 30

** Budget retailer posts 37.2% y/y jump in June-quarter consol net profit; consol rev from ops rises ~21% y/y

** Jefferies retains "buy"; raises PT to 175 rupees from 142 rupees, implying 21% upside from last close

** Says co reported double digit same-store sales for fifth consecutive quarter

** Stock rated "buy"on average; median PT is 140 rupees, per data compiled by LSEG

** YTD, VSSL gains 44.6%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))