Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Audit Opinion:
Limited Review Report - No qualifications or modifications. Clean opinion with no material misstatements noted.
Auditor’s Comment:
The auditors noted that interim financial results of 2 subsidiaries (Airplaza Retail Holdings Private Limited and Vishal Ecommerce Private Limited) with total revenues of Nil and net loss after tax of ₹0.88 crores for the quarter were not reviewed by their auditors but were not material to the Group.
Key Financial Highlights [All amounts in ₹ crores]
Consolidated Results:
Revenue from Operations: ₹3,727.01 (vs ₹3,114.10 in Q1 FY26 - 19.7% YoY increase)
Total Income: ₹3,760.15
EBITDA: Not specifically disclosed
Net Profit: ₹258.77 (vs ₹167.92 in Q1 FY26 - 54.1% YoY increase)
EPS: Basic ₹0.55, Diluted ₹0.55
Other Equity: Not specified
Cash and Cash Equivalents: Not disclosed
Debt: Not disclosed
Standalone Results:
Revenue from Operations: ₹1,887.31 (vs ₹1,669.26 in Q1 FY26 - 13.1% YoY increase)
Total Income: ₹1,918.10
EBITDA: Not specifically disclosed
Net Profit: ₹173.19 (vs ₹176.22 in Q1 FY26 - 1.7% YoY decrease)
EPS: Basic ₹0.37, Diluted ₹0.37
Other Equity: ₹2,354.01 (as of March 31, 2026)
Cash and Cash Equilibalents: Not disclosed
Debt: Not disclosed
Segment-wise Performance:
Based on management approach as defined in Ind AS 108, the Chief Operating Decision Maker evaluates the Company's performance at an overall level as one segment. No segment-wise breakdown provided.
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Other Significant Information:
The foreign ownership cap is proposed pursuant to SEBI circular no. IMD/FPIC/CIR/P/2018/61 (dated April 04, 2018) and is necessary for the existing business of one of the wholly owned subsidiaries which requires the Company to be Indian owned and controlled under FEMA provisions.
Entities included in consolidation: Vishal Mega Mart Limited (Holding Company), Airplaza Retail Holdings Private Limited, Vishal Ecommerce Private Limited, and Vishal Mega Mart CSR Trust.
No exceptional items, change in accounting policy, or forward-looking guidance disclosed.