| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 977.34 | 22.7% |
| Total Income | 979.63 | 21.6% |
| Expenditure | 897.43 | 17.2% |
| PBT | 82.21 | 109.1% |
| Net Profit | 63.82 | 129.8% |
| OPM | 5.13% | 5.03pp |
| NPM | 6.51% | 3.06pp |
| EPS | 3.85 | 129.2% |
Vaibhav Global Achieves Highest Ever Quarterly Sales of Rs. 977 Crores with 10% YoY Growth in Q3 FY25
30 Jan 2025 · 30 Jan 2025, 08:02 am
Summary
Vaibhav Global Limited (VGL) announced its financial results for Q3 FY25, ending December 31, 2024. The company achieved the highest ever quarterly sales of Rs. 977 crores with a YoY growth of 10%. Digital revenue mix constituted 40% of B2C revenue. Market-leading gross margins stood at 61.3%, with an EBITDA margin of 11.5%. Vaibhav Global's balance sheet remains strong, with a net cash position of Rs. 106 crores. The company also conferred with the '1G] Award' for the 'Highest Exporter of Cut & Polished Coloured Gemstones during FY 2023-24'.
Key Highlights
- 1
Achieved highest ever quarterly sales of Rs. 977 crores with YoY growth of 10%
- 2
Digital revenue mix: 40% of B2C revenue
- 3
Market leading gross margins of 61.3%
- 4
EBITDA margin of 11.5%
- 5
Strong balance sheet: Net cash position of Rs. 106 crores
- 6
Unique Customers (TTM basis): 6.98 lakhs YoY growth of 30% (6% ex-acquisition)
- 7
New Registrations & Acquisition: 4.1 lakhs
- 8
Retention Rate: 43%
- 9
Repeat Purchase: 22 pieces
- 10
Germany: Achieved EBITDA level breakeven point
- 11
Ideal World: Achieved full cost profitability
- 12
Conferred with ‘IGJ Award’ for ‘Highest Exporter of Cut & Polished Coloured Gemstones during FY 2023-24’
- 13
'Your Purchase Feeds...’: Over 97 million meals donated since inception
Management Comments
Sunil Agrawal
Managing Director, Vaibhav Global Limited
This quarter we achieved highest ever quarterly sales of Rs. 977 crores showing a 10% YoY revenue growth. Also, our group has achieved an all-time unique customer base of 698 K. We are also pleased to share that during the quarter, as guided, Germany operations have reached the break-even at the EBITDA level with Ideal World also turning profitable on full-cost basis. This has resulted in a much stronger operating leverage for us with PAT growing by 36% YoY. Our balance sheet continues to be strong with net cash position of Rs 106 crores. Our Outlook remains promising and compelling. We are confident in our ability to sustain the growth momentum profitably.
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