Vaibhav Global Limited has announced its financial results for the second quarter and first half of FY27. For Q2 FY27, the company reported a consolidated revenue of ₹938.4 crore, marking a 7.0% increase year-on-year. EBITDA for the quarter stood at ₹76.2 crore, with a margin of 8.1%. The management highlighted the impact of a website migration and expressed confidence in medium-term growth potential.
Q2 FY27 Performance Highlights
Vaibhav Global Limited (VGL) has disclosed its financial performance for the second quarter ended September 30, 2026. The company achieved a consolidated revenue from operations of ₹938.4 crore, representing a 7.0% growth compared to the same period in the previous year. This growth was observed despite temporary integration-related issues during the migration of retail websites to Shopify Enterprise.
Profitability and Margins
Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q2 FY27 were reported at ₹76.2 crore. The EBITDA margin stood at 8.1% for the quarter. The company’s Profit After Tax (PAT) for the quarter was ₹41.7 crore, a decrease of 12.3% year-on-year, with a margin of 4.4%. Gross margin, however, expanded to 65.5%, demonstrating strength in product economics.
H1 FY27 Performance Overview
For the first half of FY27, VGL recorded revenue from operations of ₹1,855.4 crore, a 9.7% increase year-on-year. EBITDA for H1 FY27 was ₹178.3 crore with a margin of 9.6%. Profit After Tax (PAT) for the first half was ₹98.1 crore, showing a 15.2% growth year-on-year.
Management Commentary
Mr. Sunil Agarwal, Managing Director, Vaibhav Global Limited, stated that Q2 FY27 was a transitional quarter due to the Shopify migration. He expressed optimism about a unified and scalable platform and a focus on restoring digital momentum, improving customer acquisition, and driving operating leverage. The company expects continued progress supported by European growth and strong B2B performance.
Source: BSE
