Vishal Mega Mart Limited has scheduled its Board of Directors meeting for Thursday, May 14, 2026, to consider and approve audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, according to the company's exchange filing. The meeting will cover both quarterly and annual financial performance for the supermarket chain.
The company delivered robust performance in Q3 FY26, with net profit rising 19.1% year-on-year to ₹312.9 crore compared with ₹262.7 crore in the corresponding quarter last year, as reported by CNBC-TV18. Revenue increased 17% YoY to ₹3,670 crore from ₹3,135.9 crore in Q3 FY25, reflecting healthy demand and strong sales momentum across its retail network. EBITDA grew 20% to ₹605.4 crore from ₹504.5 crore a year ago, while EBITDA margin expanded to 16.5% from 16.1% in the year-ago period, indicating better operating efficiency.
Vishal Mega Mart continued aggressive expansion during Q3 FY26, adding 29 gross new stores without any closures, taking total store additions during the first nine months of FY26 to 80 stores, according to CNBC-TV18. The expansion remained focused on strategic markets such as Kerala, Gujarat, and Maharashtra. Adjusted same-store sales growth (SSSG) came in at 9.6%, after factoring in an estimated 2.1% adverse impact due to the preponement of Durga Puja festivities to the previous quarter.
In February 2026, Samayat Services LLP, one of the promoter entities of Vishal Mega Mart, divested nearly a 14% stake for ₹7,635 crore through open market transactions, as reported by CNBC-TV18. The special-purpose vehicle sold a total of 65.25 crore equity shares in two tranches, representing a 13.96% stake, in the price range of ₹117 to ₹117.03 apiece. Following the stake sale, Samayat Services LLP's holding in Vishal Mega Mart declined to 40.13% from 54.09%, while HDFC Mutual Fund, the Singapore government, and the Monetary Authority of Singapore collectively bought shares of the supermarket chain.
