Vishal Mega Mart Board Approves Financial Results, Appoints New Directors

Vishal Mega Mart’s Board of Directors approved the unaudited financial results for Q2 FY26. Mr. Yogesh Yadav was appointed as an Additional Director (Independent), and Mr. Vageesh Gupta as an Additional Director (Non-Executive, Non-Independent). The board also appointed Mr. Sambit Swain as General Counsel and Senior Management Personnel.

Financial Performance Highlights

The Board of Directors has approved the unaudited financial results for the quarter and half-year ended September 30, 2025. Consolidated revenue from operations reached ₹30,016.62 million for the quarter. Profit before tax stood at ₹2,043.71 million, and profit for the period was ₹1,523.12 million. Total comprehensive income for the period, net of tax, was ₹1,525.89 million.

Key Appointments to the Board

Mr. Yogesh Yadav has been appointed as an Additional Director under the category of ‘Independent Director,’ effective November 13, 2025. He brings nearly two decades of experience spanning retail, consumer goods, consulting, and private equity. He currently serves as the Chief Executive Officer at Wellness Forever Medicare Limited.

Mr. Vageesh Gupta has been appointed as an Additional Director under the category of ‘Non-Executive, Non-Independent Director,’ effective November 13, 2025. He is the Head of Partners Group’s Mumbai office and has over 18 years of industry experience, previously working with TA Associates and Sequoia Capital.

Appointment of General Counsel

Mr. Sambit Swain has been appointed as General Counsel and Senior Management Personnel, effective November 13, 2025. He brings over 16 years of experience in the legal domain, encompassing corporate law, litigation, and strategic advisory functions. He most recently served as Director (Legal) at Coca-Cola India.

Source: BSE

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