Vishal Mega Mart’s shares rose by 2.6% after reporting a 28% YoY increase in net profit to Rs 262.7 crore in Q3 FY25. The company’s revenue from operations also grew by 19.5% to Rs 3,136 crore. Vishal Mega Mart operates 668 stores across 432 cities with a loyal consumer base of approximately 141 million.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting