Vaibhav Global Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showcasing strong operational performance and continued shareholder value creation. The Board of Directors, in their meeting held on January 27, 2026, approved the quarterly results and declared the company's third interim dividend for FY26.

Financial Performance Highlights

The company delivered robust financial results for Q3FY26, demonstrating growth across key performance indicators. The consolidated financial results reflect the company's diversified global operations and strong market position.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Vaibhav Global maintained strong momentum with consolidated revenue from operations reaching Rs 2,75,707.83 lakhs compared to Rs 2,52,978.09 lakhs in the corresponding previous period. Net profit for the nine-month period stood at Rs 17,498.93 lakhs versus Rs 11,904.69 lakhs in the previous year.

Dividend Declaration

The Board of Directors declared a 3rd interim dividend of Rs 1.50 per equity share for FY26, reinforcing the company's commitment to consistent shareholder returns. The dividend details are as follows:

Segment-wise Revenue Performance

The company's global operations showed varied performance across different geographical segments for Q3FY26:

Employee Stock Options and Corporate Actions

The Board approved the grant of employee stock options under the company's incentive plans:

• ESOPs under VGL ESOP Plan 2021: 63,789 stock options convertible into equity shares at exercise price of Rs 176 per share
• RSUs under VGL RSU Plan 2019: 5,862 restricted stock units convertible into equity shares at exercise price of Rs 2 per share

During Q3FY26, the company allotted 198,125 equity shares, and for the nine-month period, allotted 851,613 equity shares under various employee stock option schemes at exercise prices ranging from Rs 2.00 to Rs 188.95.

Earnings Per Share Performance

The company's earnings per share metrics showed significant improvement:

The financial results demonstrate Vaibhav Global's continued operational excellence and strategic execution across its global markets, positioning the company well for sustained growth and value creation for stakeholders.

Vaibhav Global Limited has announced that its step-down subsidiary SHOPLC Global Inc., USA has received a significant grant under the Employee Retention Credit Scheme. The company informed stock exchanges on January 22nd, 2026, about this development in compliance with regulatory disclosure requirements.

Grant Details and Amount

The subsidiary received a grant amounting to US$2.76 million (net of expenses) from the Internal Revenue Service, Department of the Treasury, United States of America. This grant was provided under the Employee Retention Credit (ERC) Scheme, which forms part of the broader Coronavirus Aid, Relief and Economic Security Act (CARES Act).

Background of the ERC Scheme

The Employee Retention Credit Scheme was introduced as part of the CARES Act, which the United States Government enacted to mitigate the adverse economic impact of the COVID-19 pandemic. The ERC operates as a fully refundable payroll tax credit designed to provide financial assistance to eligible employers who were affected by the pandemic.

This scheme represents one of several relief measures implemented by the US Government to support businesses during the challenging economic conditions brought about by the global health crisis.

Financial Impact Assessment

The subsidiary is currently undertaking a comprehensive evaluation process to determine the appropriate accounting and financial treatment of the received grant. Key aspects of this assessment include:

• Determining the correct accounting methodology for the grant
• Evaluating potential impact on consolidated financial statements
• Ensuring compliance with applicable accounting standards
• Assessing any reporting implications for the parent company

The company has indicated that this evaluation process is ongoing, and any material impact on the consolidated financial statements will be assessed accordingly.

Regulatory Compliance

Vaibhav Global Limited made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to both the National Stock Exchange of India Limited and BSE Limited, ensuring full compliance with regulatory requirements for material information disclosure.