VMM

What Vishal Mega Mart promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 11 tracked 5 delivered 1 missed 5 open
  • New Store Additions (FY26) delivered said Q4 FY25 Promised: in the same ballpark as 90 stores Q1 FY27: This promise pertained to FY26 and was successfully achieved. The promise is concluded.
  • Quick Commerce Profitability went quiet said Q4 FY25 Promised: close to a cash breakeven Q1 FY27: Ghosted. Management provided an update on revenue contribution from quick commerce (5-9% of store revenue) but again did not comment on its profitability or progress towards cash breakeven.
  • Total Sales Growth on track said Q3 FY26 Promised: about 19% to 20% Q1 FY27: On track. Revenue grew 18.7% YoY, slightly below the guided '19% to 20%' range. Given the inflationary environment and strong absolute growth, this is considered on track for the medium-term guidance.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 11 tracked commitments for Vishal Mega Mart — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens