On this page
SS Retail Q1 profit jumps 59.4% to Rs 23.7 crore as revenue climbs 58.6% to Rs 789 crore
Our read
SS Retail is more likely than not to stay profitable and growing, but revenue growth will probably cool from Q1's 58.6% as the base gets larger.
For operators
SS Retail grew Q1 revenue 58.6% to Rs 789 crore while profit rose 59.4% to Rs 23.7 crore, so for rival retailers the benchmark is growth that kept pace with profit rather than being bought with margin.
Watch
Profit growth against the 59.4% reported, in the next results
Ask next
The report
SS Retail's consolidated profit rose from Rs 14.9 crore, while its revenue rose from Rs 497.6 crore. Separately, Hyundai Motor Group committed $15.5 billion to India between 2026 and 2032.
- Q1 consolidated revenue
- ₹789 crore
- up 58.6%
- Q1 consolidated profit
- ₹23.7 crore
- up 59.4%
Why it matters to operators
SS Retail's Q1 consolidated profit rose 59.4% to Rs 23.7 crore on revenue up 58.6% to Rs 789 crore, which put it in the stocks in focus on 14 October; profit grew only slightly faster than sales, so the gain looks volume-led rather than margin-led.
What to watch next
- Q2 revenue growth above the 58.6% reported for Q1, at the next results, would mean the expansion is sustaining and not a one-quarter base effect.
- Management commentary on store additions and demand outlook
- Rival retailers' discounting in SS Retail's categories