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Vaibhav Global Ltd Q2FY24; 26% rise in Profits

Vaibhav Global Limited (VGL), through its distinctive business model, has created a niche for itself in the global retail space, especially in the jewellery, accessories and lifestyle product segments of two of the largest economies of the world – the US and UK.

Financial Results:

Vaibhav Global Ltd reported Revenues for Q2FY24 of ₹705.00 Crores up from ₹646.00 Crore year on year, a rise of 9.13%.

Total Expenses for Q2FY24 of ₹668.00 Crores up from ₹616.00 Crores year on year, a rise of 8.44%.

Consolidated Net Profit of ₹29.00 Crores up 26.09% from ₹23.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.78, up 28.06% from ₹1.39 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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