Vishal Mega Mart Limited has informed the Exchange regarding Change in Auditors of the company.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vishal Mega Mart Limited held its Board Meeting on May 14, 2026 and approved the audited financial results for Q4 and FY ended March 31, 2026. Consolidated revenue from operations stood at Rs 1,29,063.21 million for FY26, up from Rs 1,07,163.45 million in FY25. Profit after tax (standalone) increased to Rs 6,560.84 million from Rs 4,725.74 million. The Board also re-appointed Ernst & Young LLP as Internal Auditors for FY 2026-27 based on the Audit Committee's recommendation. Statutory auditors Walker Chandiok & Co LLP issued unmodified opinions on both standalone and consolidated results. Notably, the headline mentions 'Change in Auditors' but the document actually shows no change in statutory auditors - only re-appointment of internal auditors. This appears inconsistent in the filing.
The strong financial performance with ~39% increase in standalone PAT is positive for shareholders. However, the misleading headline about auditor change may raise concerns about filing accuracy or proper disclosure practices.