Vishal Mega Mart’s board has approved the appointment of Mr. Yogesh Yadav as an Independent Director and Mr. Vageesh Gupta as a Non-Executive, Non-Independent Director. Unaudited financial results for the quarter ended September 30, 2025, were also approved. Revenue from operations reached ₹29,814.87 million, with a profit for the period of ₹1,523.12 million. The board has also appointed Mr. Sambit Swain as the General Counsel and Senior Management Personnel.
Leadership Team Expansion
The Board of Directors has approved key leadership appointments:
- Mr. Yogesh Yadav: Appointed as an Additional Director in the category of Independent Director, effective November 13, 2025.
- Mr. Vageesh Gupta: Appointed as an Additional Director as Non-Executive, Non-Independent Director, also effective November 13, 2025.
- Mr. Sambit Swain: Appointed as the General Counsel and Senior Management Personnel of the Company, effective November 13, 2025.
Financial Performance Highlights
The board reviewed and approved the unaudited financial results for the quarter ended September 30, 2025 (Q2 FY26). Key highlights from the consolidated results include:
- Revenue from Operations: ₹29,814.87 million
- Total Income: ₹30,016.62 million
- Profit Before Tax: ₹2,043.71 million
- Profit for the Period: ₹1,523.12 million
Standalone Financial Results
Key highlights from the standalone financial results for the same period include:
- Revenue from Operations: ₹17,462.92 million
- Total Income: ₹17,630.46 million
- Profit Before Tax: ₹1,763.38 million
- Profit for the Period: ₹1,314.55 million
Notice of Postal Ballot
The Board has approved a notice for a postal ballot to seek shareholder approval for the director appointments mentioned above.
Source: BSE
