Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

SS Retail Revenue Up 59% To ₹789.7 Crore In Q1 FY27, Profit After Tax Rises 61%

Mumbai: SS Retail Limited announced its financial results for the quarter ended 30 June 2026 on 13 October 2026. The company’s EBITDA increased by 51% to ₹45.4 crore. Key Financials Revenue for Q1 FY27 stood at ₹789.7 crore, a 59% increase year-on-year. Gross margin was 12.8%, up by 53 basis points year-on-year. Profitability EBITDA reached ₹45.4 crore, marking a 51% year-on-year growth, with an…

SS Retail Revenue Up 59% To ₹789.7 Crore In Q1 FY27, Profit After Tax Rises 61%

Mumbai: SS Retail Limited announced its Q1 FY27 financial results on 13 October 2026, revealing a remarkable 59% increase in revenue to ₹789.7 crore. EBITDA saw a 51% growth to ₹45.4 crore, while profit after tax rose 61% to ₹23.8 crore. The company's EBITDA margin expanded to 5.8%. Same-store sales grew by 34% in the quarter. SS Retail added 33 new stores, bringing its total footprint to 536 across five states, with a combined retail area of 2.8 lakh sq ft.

Mobile phones accounted for 86% of revenue, while pre-owned devices grew by 96% year-on-year to 7.5% of Q1 FY27 revenue. Maharashtra contributed 88% of the quarter's revenue, while non-Maharashtra markets increased their share to 12% from 8% in Q1 FY26. CKK Retail Mart proposed a 5:1 bonus share issue worth ₹96.84 crore to raise its authorized capital to ₹117 crore.

The company plans to expand to 750 stores by FY28 and achieve double the revenue growth from the FY26 base. An IPO of ₹500 crore, including ₹360 crore from a fresh issue, will fund 115 new stores and working capital needs. SS Retail's Founder, Chairman, and Managing Director, Siddharth Shah, expressed confidence in the company's growth trajectory, citing improved store productivity and operating leverage to drive further EBITDA margin expansion and stronger profit margins as the company scales.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in Finance & Markets

More from Wednesday 14 October →