Vishal Mega Mart Limited

Vishal Mega Mart Limited, formerly Vishal Mega Mart Private Limited, announced the appointment of Ms. Ashok Revathy (DIN: 00057539) as an Additional Director (Independent Director), effective October 30, 2026, with a recommendation for her to serve as an Independent Director for a five-year term, not liable to retire by rotation.

Vishal Mega Mart Ltd share price declined by 4.62% to Rs 89.9 after the company's net profit tumbled by 38.99% to Rs 157.88 crore, while revenue from operations eased by 8.81% to Rs 3398.53 crore in Q3FY26 over Q2FY26. The market capitalization of Diversified Retail industry group stocks on BSE stood at Rs 3.31 lakh crore, gaining 4.67%. It has slipped by 4.54% over last one week and tumbled 17.53% in last one month while the market capitalization of Vishal Mega Mart Ltd has softened by 6.45% and 16.75% in the same period respectively. Profit before tax (PBT) of Vishal Mega Mart Ltd stood at Rs 211.31 crore in Q3 FY26, easing 3.40% year-on-year, and tumbling by 38.92% quarter-on-quarter. EBITDA came in at Rs 374 crore, declining 0.19% YoY and tanking 26.95% sequentially. Total expenses marginally dropped 5.62% to Rs 3178.42 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 222.99 crore, ticking higher by 3.99% YoY. For the TTM ended FY26, revenue from operations surged 20.44% to Rs 12906.32 crore, while net profit soared by 32.80% to Rs 839.23 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 155380% to Rs 1797.33 crore, and PBT jumped 32.46% to Rs 1125.0 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1621.27 crore in FY26, as against Rs 1399.07 crore in FY25. Vishal Mega Mart Ltd nosedived by 39.28% in last one year, underperforming the benchmark BSE Sensex which has slipped by 12.69% during the same period.

Vishal Mega Mart Ltd share price softened by 1.72% to Rs 94.25 after the company's net profit tumbled by 38.99% to Rs 157.88 crore, while revenue from operations slipped slightly by 8.81% to Rs 3398.53 crore in Q3FY26 over Q2FY26. The market capitalization of Diversified Retail industry group stocks on BSE stood at Rs 3.33 lakh crore, gaining 4.67%. It has eased by 3% over last one week and collapsed sharply by 16.06% in last one month while the market capitalization of Vishal Mega Mart Ltd has slipped by 1.72% and 14.19% in the same period respectively. Profit before tax (PBT) of Vishal Mega Mart Ltd stood at Rs 211.31 crore in Q3 FY26, rising 3.40% year-on-year, and crashing by 38.92% quarter-on-quarter. EBITDA came in at Rs 374 crore, slipping 0.19% YoY and plunging by 26.95% sequentially. Total expenses marginally dropped 5.62% to Rs 3178.42 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 222.99 crore, easing 3.99% YoY. For the TTM ended FY26, revenue from operations witnessed a strong growth of 20.44% to Rs 12906.32 crore, while net profit soared by 32.80% to Rs 839.23 crore, compared to previous TTM. EBITDA surged by 155380% to Rs 1797.33 crore, and PBT soared 32.46% to Rs 1125.0 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1621.27 crore in FY26, as against Rs 1399.07 crore in FY25. Vishal Mega Mart Ltd nosedived by 36.32% in last one year, underperforming the benchmark BSE Sensex which has declined by 12.46% during the same period.

Vishal Mega Mart Limited will hold a board meeting on Wednesday, October 21, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, the company said in a filing. The trading window for dealing in the company's securities is closed for designated persons and their immediate relatives from October 1, 2026, and will remain closed for up to 48 hours after the announcement of the financial results.

Vishal Mega Mart Limited, formerly Vishal Mega Mart Private Limited, submitted a confirmation certificate to the National Stock Exchange of India Ltd. and BSE Limited, received from KFin Technologies Limited, Registrar to an Issue and Share Transfer Agent, for the quarter ended September 30, 2026, confirming that no security certificates were received for dematerialization and/or rematerialization.

Vishal Mega Mart Limited will close its trading window for securities transactions from October 1, 2026, until 48 hours after the announcement of its financial results for the quarter and half year ending September 30, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s code of conduct.

Vishal Mega Mart Limited, formerly Vishal Mega Mart Private Limited, announced that its shareholders approved the re-appointment of Ms. Neha Bansal as Non-Executive Independent Director for a second term of one year, commencing September 23, 2026, and the re-appointment of Mr. Gunender Kapur for a five-year tenure, effective September 1, 2026, along with his re-designation as Founder, Managing Director & Chief Executive Officer.

Vishal Mega Mart Limited, formerly Vishal Mega Mart Private Limited, announced that its shareholders approved the re-appointment of Ms. Neha Bansal as Non-Executive Independent Director for a second term of one year, commencing September 23, 2026, and the re-appointment of Mr. Gunender Kapur for a five-year tenure, effective September 1, 2026, along with his re-designation as Founder, Managing Director & Chief Executive Officer.

Vishal Mega Mart Ltd announced that India Ratings and Research Private Limited has upgraded the company and its bank loan facilities to ‘IND AA+’ from ‘IND AA’, with a Stable Outlook, while affirming the short-term bank loan facilities at ‘IND A1+’; specifically, the bank loan facilities amounting to Rs 2,550 million received the upgraded long-term rating and affirmed short-term rating, and the issuer rating was also upgraded to ‘IND AA+/Stable’.

Vishal Mega Mart Limited announced the re-appointment of Mr. Gunender Kapur, whose existing term as Managing Director & Chief Executive Officer was due to expire on June 26, 2027, for a period of five years commencing September 01, 2026, up to and including August 31, 2031. The board also redesignated him as ‘Founder, Managing Director & Chief Executive Officer’ of the company, subject to shareholder approval.