Apparels & Accessories company Vaibhav Global announced Q2FY26 results Revenue: Up 10.2% YoY, ahead of guidance. Gross margin: 63.5%, led by sharp focus on efficient product mix and pricing discipline. EBITDA increased 28% YoY, with margins expanding 130 bps to 10%, driven by operating leverage and disciplined cost management. Profit After Tax (PAT): Rs 48 crore, up 71% YoY. Balance Sheet: Remains strong with a net cash position of Rs 156 crore. Return Ratios: ROCE at 20% and ROE at 13%. Digital Revenue Mix: 42% of B2C revenue. In-House Brands: Contributed 41% of gross B2C revenue, up from 31% in Q2FY25. Sunil Agrawal, Managing Director, Vaibhav Global, said: “We are pleased to report a strong quarter with revenue growth exceeding our guidance. Revenue was at Rs 877 crore, up 10.2% YoY. EBITDA margin improved by 130 basis points to 10%, up 28% in absolute terms. This was driven by productivity gains and operating leverage. Profits after tax rose 71% YoY to Rs 48 crore. Execution remained strong across regions. With a strong balance sheet, healthy cashflows, and improving profitability, we are well positioned to sustain growth. We maintain our FY26 guidance of 7-9%, with potential upside as macro conditions improve and tariff concerns ease.” Result PDF