Re-appointment of Internal Auditors
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Vishal Mega Mart's Board Meeting on May 14, 2026 approved audited financial results for Q4 and FY2026. Consolidated revenue grew 20.6% year-on-year to Rs 1,29,926 million, while profit after tax rose 32.8% to Rs 8,392 million. Standalone revenue increased 11.9% to Rs 67,022 million with PAT up 38.8% to Rs 6,561 million. EPS stood at Rs 1.41 per share (standalone). The Board also re-appointed Ernst & Young LLP (EY) as Internal Auditors for FY 2026-27 based on the Audit Committee's recommendation. Statutory auditors Walker Chandiok & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated results.
Strong financial performance with robust profit growth signals healthy operational execution. The clean audit opinion reinforces reliability of financials. Continuation of EY as internal auditors indicates consistent governance standards. These positives are supportive for the stock.