Archive · 23 Jul 2026
Vishal Mega Mart Reports Q1 Profit Growth
Vishal Mega Mart, a big retail company, recently announced its financial results for the first three months of the year 2027.
They made a profit of ₹258.77 crore, which is more than the previous quarter.
Their total revenue was ₹3,727.01 crore.
The company also decided to keep foreign ownership below 50% to ensure Indian control.
Additionally, they approved the re-appointment of a director named Neha Bansal for another year.
All these decisions need approval from the company's shareholders.
Vishal Mega Mart reported a net profit of ₹258.77 crore for Q1 2027, up from ₹167.92 crore in Q4 2026.
Revenue from operations reached ₹3,727.01 crore, an increase from ₹3,114.10 crore in the previous quarter.
Earnings per share (EPS) for Q1 2027 was ₹0.55, up from ₹0.36 in Q4 2026.
The Board approved the re-appointment of Neha Bansal as a Non-Executive Independent Director for a second term.
The Board proposed capping foreign ownership at 49.99% of total equity, subject to shareholder approval.
- Who
- Vishal Mega Mart Ltd
- What
- Reported Q1 profit and financial performance
- When
- Quarter ended 30 June 2026
- Where
- Mumbai
- Why
- To inform stakeholders about financial results and strategic decisions
Foreign Ownership Cap
Shareholder Approval
Foreign Ownership Cap
Foreign Ownership Cap
The company aims to cap foreign ownership at 49.99% to maintain Indian control.
Shareholder Approval
The proposal requires shareholder approval, indicating a need for stakeholder consensus.
- Net Profit (Q1 2027)
- ₹258.77 crore
- Revenue (Q1 2027)
- ₹3,727.01 crore
- EPS (Q1 2027)
- ₹0.55
- Director Re-appointment
- Neha Bansal for a second term
- Foreign Ownership Cap
- 49.99% of total equity