Vishal Mega Mart’s Board of Directors approved the unaudited standalone and consolidated financial results for Q2 FY26. The board also appointed Yogesh Yadav as an Additional Director in the category of Independent Director and Vageesh Gupta as an Additional Director (Non-Executive, Non-Independent). The board also approved the appointment of Sambit Swain as General Counsel and Senior Management Personnel of the Company.
Financial Performance Approved
The Board of Directors has given its approval to the Unaudited Financial Results, both Standalone and Consolidated, for the quarter and half-year ending September 30, 2025 (Q2 FY26). The results have been reviewed by the Audit Committee.
Appointment of Yogesh Yadav
Mr. Yogesh Yadav has been appointed as an Additional Director under the category of ‘Independent Director,’ effective November 13, 2025. The board has recommended his appointment as an Independent Director for a term of 5 years, not subject to retirement by rotation.
Appointment of Vageesh Gupta
Mr. Vageesh Gupta has been appointed as an Additional Director in the category of ‘Non-Executive, Non-Independent Director,’ with effect from November 13, 2025. The board has recommended his appointment as Non-Executive, Non-Independent Director, subject to retirement by rotation.
Sambit Swain Joins as 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 has extensive experience in the legal field.
Notice of Postal Ballot
The Board of Directors has approved the Notice of Postal Ballot for seeking shareholder approval of the mentioned appointments.
Standalone Financial Highlights (Q2 FY26)
- Revenue from operations: ₹17,462.92 million
- Total Income: ₹17,630.46 million
- Profit before tax: ₹1,763.38 million
- Profit for the period/year: ₹1,314.55 million
Consolidated Financial Highlights (Q2 FY26)
- Total Income: ₹30,016.62 million
- Profit before tax: ₹2,043.71 million
- Profit for the period/year: ₹1,523.12 million
Source: BSE
