Vaibhav Global declares dividend amid strong Q2 FY26 performance

Vaibhav Global Limited announced its unaudited consolidated and standalone financial results for the quarter and half-year ended September 30, 2025, with total income of INR 88,784.36 lacs and profit after tax of INR 4,755.32 lacs for the consolidated entity. The company declared a second interim dividend of INR 1.50 per equity share (on a face value of INR 2 per share) for FY2025-26, with the record date set for Thursday, November 6, 2025. This brings the total interim dividend for the period to INR 3.00 per share, representing a 53% payout.

The company also announced the designation of Sabaresh Kumar as group chief human resources officer, effective October 29, 2025. Operational highlights for Q2 FY26 include a 10.2% YoY revenue growth, 63.5% gross margin, and a 28% YoY increase in EBITDA, with margins expanding by 130 bps to 10%. Profit after tax increased by 71% YoY to INR 48 crores, and the company reported a net cash position of INR 156 crores.

Digital revenue comprised 42% of B2C revenue, with in-house brands contributing 41% of gross B2C revenue. Unique customers reached an all-time high of 714,000, up 5% YoY. The company reaffirmed its FY26 guidance of 7-9% growth, with potential upside from improved macro conditions and eased tariff concerns.