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INDIA INDIA · 1 MIN READ

SS Retail shares surge 19% on strong Q1 results, stock up 95% from IPO

SS Retail shares jumped 19.5% to ₹828.30 on October 14 after the mobile retailer reported strong financial results for the quarter ended June 2026 (Q1FY27).

SS Retail shares jumped 19.5% to ₹828.30 on October 14 after the mobile retailer reported strong financial results for the quarter ended June 2026 (Q1FY27). The stock has risen nearly 95% above its ₹424 IPO price since listing on September 23, 2026, reflecting robust investor confidence.

The company’s Q1FY27 profit after tax (PAT) increased 61% to ₹23.8 crore, supported by a 59% year-on-year rise in consolidated revenue to ₹789.7 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) grew 51% YoY to ₹45.4 crore. SS Retail’s performance benefited from healthy same-store sales, higher average selling prices of mobile phones, and ongoing retail network expansion, according to livemint.com.

SS Retail’s stock debuted at a premium, listing at ₹639.10 on the BSE, 50.73% above its issue price, and ₹624 on the NSE, 47.17% above the IPO price. The shares hit a 52-week high of ₹888 on September 24, 2026, underscoring strong market demand. The company’s gross margin also improved by 53 basis points, highlighting operational efficiency amid rapid growth.

SS Retail’s shares have gained 11% over the past week, with the stock touching a low of ₹603 on its listing day. The company’s next quarterly results will provide further insight into whether the current momentum sustains.

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