Vaibhav Global Limited (VGL) reported strong Q3 FY26 results, with revenue increasing by 9.1% year-over-year to ₹1,066cr. EBITDA surged by 26% YoY, and net cash stood positive at ₹213cr, a 101% increase YoY. The company also declared its 3rd interim dividend at ₹1.50 per share.
Financial Performance Highlights
Vaibhav Global Limited (VGL) announced a robust performance for Q3 FY26, demonstrating growth across key financial metrics:
- Revenue: Increased by 9.1% year-over-year to ₹1,066cr.
- EBITDA: Rose significantly by 26% YoY to reach 13.2%.
- Net Cash: Positioned positively at ₹213cr, marking a substantial 101% YoY increase.
Segment Revenue Results
A detailed breakdown of revenue across different geographical segments reveals:
- United States of America: Revenue stood at ₹593cr, an increase of 8.7%.
- United Kingdom: Recorded ₹301cr, up by 8.2%.
- Europe: Generated ₹118cr, reflecting a growth of 14.0%.
Key Business Updates
Several strategic and operational enhancements contributed to the strong quarterly results:
- The company declared its 3rd interim dividend of ₹1.50 per share, showcasing a commitment to shareholder returns.
- Gross margin for the quarter stood at 63%
- Unique customer base reached approximately 706k, representing a 2% YoY increase.
- Strong operating cash flow: ₹160cr (+105% YoY)
Digital and TV Revenue Split
The revenue distribution between digital and TV platforms showed:
- TV revenue reached ₹589cr, up 7.7% from Q3 FY25.
- Digital revenue increased to ₹423cr, marking an 11.2% rise compared to the same quarter last year.
Ideal World & Mindful Souls Update
- Ideal World revenue: £7.1mn
- Mindful Souls revenue: $4.0mn
Germany Update
- Q3 FY26 Revenue: Euro 7.9mn
Source: BSE
