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Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

With reference to captioned subject, please be informed that the Company has allotted 31,089 Equity Shares of Rs. 2/- each on 16th February, 2023 to "Vaibhav Global Employee Stock Option Welfare Trust" under VGL Employees Stock Option Plan (As Amended) - 2006 and Vaibhav Global Limited Restricted Stock Unit Plan - 2019. Consequent to the said allotment, the paid up Equity Share Capital of the Company has increased to Rs. 32,99,73,164 consisting of 16,49,86,582 Equity Shares of Rs. 2/- each.
16-02-2023
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Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find enclosed press release titled 'Sunil Agrawal, Managing Director of Vaibhav Global Limited, conferred by 'Business Leader of the Community for 2023 Award' by Indian Diamond and Colorstone Association (IDCA)' Kindly take the same on record.
09-02-2023
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Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find enclosed press release titled 'VGL certified as 'Top 50 Best Manufacturing Workplaces in India 2023' by 'Great Place to Work(r)'
02-02-2023
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Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Newspaper Publication

With respect to captioned subject, please find enclosed copy of newspaper publication, published in Financial Express (English edition) and Business Remedies (Hindi edition) on 25th January, 2023. This is for your information and record
25-01-2023
Bigul

Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Newspaper Publication

With respect to captioned subject, please find enclosed copy of newspaper publication, published in Financial Express (English edition) and Business Remedies (Hindi edition) on 25th January, 2023. This is for your information and record
25-01-2023
Bigul

Q3FY23 Quarterly Result Announced for Vaibhav Global Ltd.

Other apparel & accessories firm Vaibhav Global announced Q3FY23 results: Q3FY23: Revenue: Q3 FY23: Rs 724 crore vs Rs 750 crore YoY Robust growth of 28.5% over pre-Covid period of Q3FY20 3 years compounded annual growth of 9% Digital Revenue Mix: 37% of B2C revenue. Industry leading Gross Margins at 60.6% owing to vertically integrated supply chain and wider product mix. Sequential improvement in EBITDA margin 10.5% in Q3FY23 vs 8.1% in Q2FY23. YoY EBITDA margins are lower owing to conscious investments in broadcasting network & digital marketing. PAT for the quarter is Rs 39 crores as against Rs 69 crore last year ROCE at 9% and ROE at 15% (on TTM basis). Return ratios suggest effect of lower profitability. Declared third interim dividend of Rs 1.50 per equity share (face value Rs 2 each). The total interim dividend for FY23 till 9M is Rs 4.50 per equity share. Commenting on the performance for Q3 FY23 Mr. Sunil Agrawal, Managing Director, Vaibhav Global Limited said, Revenue during last quarter was marginally down YoY. While the quarter looks soft, our growth over pre-COVID period is encouraging at 28.5%. This performance is with the backdrop of current moderating consumer demand amidst inflationary environments. In UK market, many of major delivery partners are facing strikes which had an industry wide impact on deliveries. Further, the cyber-attack also temporarily disrupted our operations in US and UK businesses. The company has demonstrated resilience in current economic environment as our revenue growth would have been flattish YoY if we negate the impact of cyber-attack and delivery disruption. Our sustained efforts on cost optimization helped us sequentially improve EBITDA margin which bottomed out in Q4FY22. While we are aware of the current macro headwinds, we remain optimistic about the future and believe that this transient phase will be behind us soon. Considering current macro environment, we expect to achieve flattish to 2% topline growth in Q4 and end this fiscal year with -3% to -2% topline growth. For FY24, we expect to deliver revenue growth in 8% to 10% range with strong operating leverage over current year. However, our mid-term outlook remains intact, and we expect to deliver mid-teens revenue growth in subsequent periods with decent operating leverage." Result PDF
24-01-2023
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Vaibhav Global Ltd - 532156 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Please find enclosed press release titled 'Vaibhav Global Limited Q3 & 9M FY23 Financial Results'
24-01-2023
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