Categories Earnings, Retail

Vaibhav Global Ltd Q4FY23 results out, revenue grows by 1.1%

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.

  • Vaibhav Global Ltd reported Total revenue for Q4 FY23 of ₹693 Crore, up from ₹685 Crore year on year depicting a growth of 1.16%.
  • Total Expenses for Q4 FY23 of ₹671 Crore up, from ₹666 Crore year on year, a growth of 1%. 
  • Consolidated Net Profit of ₹23 Crore, down 15% from ₹27 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹1.4, down 14% from ₹1.63 in the same quarter of the previous year.

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