Vishal Mega Mart Limited has informed the Exchange regarding Board meeting held on August 13, 2025.
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Vishal Mega Mart's Board approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). On a consolidated basis, revenue from operations grew about 23% year-on-year to Rs 3,140 crore, while profit after tax rose roughly 32% to Rs 206 crore (EPS Rs 0.45 vs Rs 0.33). On a standalone basis, revenue was nearly flat at Rs 1,669 crore, but profit after tax jumped about 35% to Rs 177 crore (EPS Rs 0.38 vs Rs 0.29), indicating healthy margin expansion. Statutory auditor Walker Chandiok & Co LLP issued a clean (unqualified) limited review report on the results, with no qualifications or emphasis-of-matter issues. The Board also re-appointed Walker Chandiok as statutory auditor for four more years, appointed Chandrasekaran Associates as secretarial auditor for five years, and re-appointed Ernst & Young LLP as internal auditor for FY25-26, all subject to shareholder approval at the upcoming AGM.
Strong double-digit consolidated revenue and profit growth, paired with margin improvement, is a positive signal for shareholders. Clean auditor review and routine re-appointments of well-known audit firms point to stable governance and continuity. Shareholders should watch for the AGM date to approve the auditor appointments.