Vishal Mega Mart’s Board has approved the unaudited financial results for Q2 FY26. They’ve appointed Yogesh Yadav as an Independent Director and Vageesh Gupta as a Non-Executive, Non-Independent Director, effective November 13, 2025. The board also appointed Sambit Swain as General Counsel and Senior Management Personnel. Further, notice of postal ballot was approved.
Financial Performance Highlights
The Board of Directors has officially approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025 (Q2 FY26). The results, along with limited review reports from Walker Chandiok & Co LLP, are available. The company showcased the following in its standalone results:
- Revenue from operations: ₹34,155.51 million for the half year ended September 30, 2025
- Profit before tax: ₹4,123.63 million for the half year ended September 30, 2025
- Profit for the period: ₹3,080.68 million for the half year ended September 30, 2025
New Director Appointments
The Board has approved the appointment of two new directors, effective November 13, 2025:
- Mr. Yogesh Yadav as an Additional Director in the category of ‘Independent Director’ for a first term of 5 years.
- Mr. Vageesh Gupta as an Additional Director in the category of ‘Non-Executive, Non-Independent Director’.
Appointment of General Counsel
Mr. Sambit Swain has been appointed as the General Counsel and Senior Management Personnel of the company, effective November 13, 2025. Mr. Swain brings over 16 years of legal experience, encompassing corporate law, litigation, regulatory matters, and strategic advisory functions, after serving as Director (Legal) at Coca-Cola India.
Notice of Postal Ballot
The Board also approved the Notice of Postal Ballot for seeking shareholder approval for the new appointments. Further details will be submitted to the Stock Exchanges.
Source: BSE
