VAIBHAV GLOBAL LIMITED

Vaibhav Global Limited reported a consolidated revenue of INR 917 crores for Q1 FY '27, reflecting a year-on-year growth of 12.7%. EBITDA increased by 37% to INR 102 crores, with an EBITDA margin of 11%, up from 9.2% in the same quarter last year. Profit after tax rose 50% to INR 56 crores. Management noted that growth was supported by favorable foreign exchange and a U.S. tariff refund, although revenue was flat on a constant currency basis due to geopolitical disruptions and cautious consumer spending. The company emphasized its strategic focus on digital sales, which accounted for 45% of B2C revenue, and highlighted the successful migration to a new e-commerce platform. Management reiterated its FY '27 guidance of 9% to 11% revenue growth and an EBITDA margin expansion of 50 to 100 basis points. The board declared an interim dividend of INR 1.5 per share.

The document presented a balanced view of growth and challenges faced by the company.