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23 May 2017
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Vaibhav Global
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Axis Direct
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221.74
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523.30
(-57.63%)
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Pre-Bonus/ Split |
Results Update
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Vaibhav Global (VGL) reported 8% YoY growth in Q4FY17 revenue at Rs 3.76 bn. This was driven by strong 23% YoY growth in web sales bolstered by 23% YoY growth in its B2B segment. Enhanced organizational efficiencies led to ~340 bps expansion in EBITDA margin to 7.2%.
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