Vishal Mega Mart Approves Audited Financial Results and Re-appoints Internal Auditors for FY27
Vishal Mega Mart Limited's Board approved audited standalone and consolidated financial results for FY26. Consolidated revenue was ₹1,29,063.21 crore and profit after tax was ₹8,392.27 crore. Standalone revenue was ₹66,313.84 crore with profit after tax at ₹6,560.84 crore. Ernst & Young LLP was re-appointed as Internal Auditors for FY27.
The approval of audited financial results and the re-appointment of internal auditors are routine corporate actions. However, the disclosure of financial performance for the full year provides material information to investors, warranting a medium impact.
The announcement details the approval of financial results and the re-appointment of internal auditors. While the financial results are presented, there's no significant positive or negative deviation highlighted, making the sentiment neutral.
Vishal Mega Mart Limited announced the outcome of its Board Meeting held on May 14, 2026. The Board considered and approved the Audited Financial Results, both standalone and consolidated, for the quarter and financial year ended March 31, 2026. The meeting, which commenced at 11:30 AM IST and concluded at 12:47 PM IST, also saw the approval of the re-appointment of Ernst & Young LLP as the Internal Auditors for the Financial Year 2026-27, based on the recommendation of the Audit Committee. The financial results, along with the audit reports from M/s. Walker Chandiok & Co LLP, have been enclosed. This information will also be hosted on the company's website.
The company reported a consolidated revenue from operations of ₹31,141.03 crore for the quarter ended March 31, 2026, with a total income of ₹31,386.18 crore. Profit before tax stood at ₹2,252.96 crore, and profit for the period after tax was ₹1,679.19 crore. For the full financial year ended March 31, 2026, the consolidated revenue from operations was ₹1,29,063.21 crore, with a profit after tax of ₹8,392.27 crore.
Standalone, the company reported revenue from operations of ₹16,454.06 crore for the quarter, with a profit after tax of ₹1,665.17 crore. For the full financial year, standalone revenue from operations was ₹66,313.84 crore, and profit after tax was ₹6,560.84 crore. The company also confirmed that the incremental impact of the new Labour Codes is not material and has been accounted for.
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Vishal Mega Mart Limited filed this with the NSE as a statutory disclosure, categorised under other results related. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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