Vaibhav Global's Q2 FY 2025-26 Quarterly Results

Result Summary

• Vaibhav Global Ltd reported a 7.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.3%.
• Its expenses for the quarter were up by 6.0% QoQ and 8.0% YoY.
• The net profit increased 26.4% QoQ and increased 71.2% YoY.
• The earnings per share (EPS) of Vaibhav Global Ltd stood at 2.82 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Vaibhav Global Ltd is a notable company in the retail and e-commerce sector, known for its diverse range of products including fashion jewelry, lifestyle products, and home goods. As a company primarily involved in the direct-to-consumer model, it operates through television home shopping networks and online platforms, targeting markets in the United States, United Kingdom, and India. Recently, the company has been focusing on expanding its digital presence and enhancing customer engagement through its online platforms. While specific developments or strategic initiatives for the current quarter are not detailed here, the company's continuous efforts in digital transformation and market penetration are noteworthy.

Revenue

In Q2FY26, Vaibhav Global Ltd reported a total income of ₹887.84 crores, marking a 7.4% increase compared to ₹826.81 crores in Q1FY26. This quarterly growth indicates a sequential improvement in revenue generation. On a year-over-year basis, the total income rose by 10.3% from ₹805.28 crores in Q2FY25. The consistent increase in revenue over both the quarterly and annual periods could be attributed to a variety of factors such as enhanced sales strategies, market expansion, or product diversification, although such specific drivers are not detailed in the available data.

Profitability

Profitability for Vaibhav Global Ltd saw a significant increase in Q2FY26. The company reported a profit before tax of ₹60.25 crores, which is a substantial 31.5% rise from ₹45.82 crores recorded in Q1FY26. Year-over-year, this figure represents a 53.3% increase from ₹39.31 crores in Q2FY25. The profit after tax also grew to ₹47.55 crores in Q2FY26, reflecting a 26.4% rise from the previous quarter and a 71.2% increase compared to the same period last year. Such gains in profitability metrics are mirrored in the earnings per share, which rose to ₹2.82, up by 25.9% quarter-over-quarter and 70.9% year-over-year. These increases demonstrate a strong upward trajectory in the company's profitability over the past year.

Operating Metrics

Analyzing the operational expenditures, the total expenses for Q2FY26 amounted to ₹827.59 crores, showing a 6.0% increase from ₹780.99 crores in Q1FY26. When compared to the previous year, the expenses have increased by 8.0% from ₹765.96 crores in Q2FY25. Despite the increase in expenses, the profit margins have evidently improved, as seen in the profit before tax and profit after tax growth figures. The tax outlay for the quarter was ₹12.69 crores, which is 54.9% higher than the previous quarter and 10.0% more than the corresponding period last year. These figures suggest that while operating costs have risen, the company has effectively managed its operations to achieve higher profitability.