Vaibhav Global Limited has announced its audited financial results for the quarter and year ended 31 March 2026. The company reported a 73.7% increase in consolidated net profit for the fiscal year to ₹266.1 crore, driven by operational efficiency and digital expansion. Q4 FY26 EBITDA margin expanded to 10.3% from 8.3% in the same quarter of the previous year, reflecting sustained improvement in profitability.

For the financial year ended 31 March 2026, the company reported a consolidated net profit of ₹266.1 crore, compared to ₹153.1 crore in the previous year. Revenue from operations for the year stood at ₹3,692 crore, up 9.2% from ₹3,380 crore in FY25. The company's EBITDA for the year grew by 25.9% to ₹399.5 crore, with EBITDA margins expanding to 10.8%.

The fourth quarter of FY26 saw the company report a net profit of ₹91.1 crore, a 167.3% increase from ₹34.1 crore in the same quarter of the previous year. Revenue from operations for the quarter ended 31 March 2026 was ₹935 crore, a 10% increase from ₹850 crore in Q4 FY25. The company's profit for the period was supported by a gross margin improvement of 178 basis points to 63.9%.

Financial Highlights

The following table outlines the key consolidated financial metrics for the quarter and year ended 31 March 2026:

Segment Performance

During the quarter, the Retail Channels segment reported a revenue of ₹884 crore, a 10% increase year-on-year. The USA segment revenue grew 12% to ₹596 crore, while the UK and Europe segments grew 13% each to ₹253 crore and ₹107 crore respectively. The Manufacturing/Sourcing/Service Locations segment revenue increased 16% to ₹50 crore. Total EBITDA for the quarter rose 36% to ₹96 crore.

Dividend Declaration

The Board of Directors has recommended a final dividend of ₹1.50 per equity share for the financial year ended 31 March 2026. This is in addition to the interim dividends aggregating to ₹4.50 per share already declared and paid during the year, bringing the total dividend for the year to ₹6.00 per share. The total dividend payout amounts to approximately ₹100 crore.

Operational Performance

The company's digital revenue mix increased to 45% in Q4 FY26 from 43% in the corresponding period last year. In-house brands contributed 53% to the B2C revenue mix during the quarter, up from 31% in Q4 FY25. The company maintained a net cash position of ₹334 crore as of 31 March 2026. Additionally, the company reported an ROCE of 23.5% and an ROE of 14.9% for the quarter.

Vaibhav Global Limited has fixed Friday, June 26, 2026, as the record date to determine eligibility for the payment of the final dividend for the financial year 2025-26. The dividend is subject to approval by the members. Shareholders are requested to convert physical shares into demat mode and update bank account details to facilitate timely credit.

The Board of Directors at its meeting held on May 21, 2026, approved the Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026. The results were reviewed by the Audit Committee and are available on the BSE, NSE, and the company's website.

Financial Performance

The company reported a total income from operations of Rs. 350.05 crore for the quarter ended March 31, 2026, compared to Rs. 258.04 crore in the corresponding period of the previous year. For the full year, the total income stood at Rs. 887.27 crore, down from Rs. 1,060.54 crore in the previous year.

Vaibhav Global Limited reported a net loss of Rs. 304.46 crore for the quarter ended March 31, 2026, compared to a net loss of Rs. 827.22 crore in the same quarter last year. For the year ended March 31, 2026, the net loss was Rs. 3,102.94 crore, compared to Rs. 3,323.51 crore in the previous year.

Key Financial Metrics