ScoutQuest29 Oct 2026
Vaibhav Global532156Periodic business update

Vaibhav Global Ltd press release, Q2 FY27

Vaibhav Global says all retail businesses have now migrated to Shopify Enterprise.

By ScoutQuest · · 1 min read

57%In-house brands share of B2C revenue
In-house brands share of B2C revenue: 57%.
H1 FY27 revenue from operations
up 9.7% YoY
US and UK revenue
United States revenue rose 4.3% in rupee terms but declined 4.1% in constant currency, UK revenue rose 2.3% in rupee terms but declined…
Europe EBITDA Q2 FY27
loss of (218) (Rs. in lacs)
Release
Results press release
Period
Q2 FY27

_Consolidated · Q2 & H1 FY27_

📈 Revenue from operations, H1 FY27: up 9.7% YoY

📊 Vaibhav Global says the stabilisation phase of its Shopify Enterprise migration brought temporary integration challenges, including customer account reactivation, search and merchandising optimisation and SEO re-indexing, which impacted digital conversion and revenue.

📌 In the UK the company consolidated four warehouses and two studios into a single, larger headquarters, and says some inventory remains temporarily offline, limiting product availability and customer choice.

📌 United States revenue rose 4.3% in rupee terms but declined 4.1% in constant currency, UK revenue rose 2.3% in rupee terms but declined 7.0% in constant currency, and Europe (excluding UK) revenue rose 8.0% in constant currency.

📉 Europe (excluding UK) EBITDA was a loss of (218) (Rs. in lacs) in Q2 FY27, which the release terms not meaningful.

₹178.3 crore
Q2 FY27₹76.2 croreH1 FY27₹178.3 crore
EBITDA: ₹76.2 crore (Q2 FY27) and ₹178.3 crore (H1 FY27).
More numbers
  • Revenue from operations, Q2 FY27₹938.4 crore
  • Revenue from operations, H1 FY27₹1,855.4 crore
  • EBITDA, Q2 FY27₹76.2 crore
  • EBITDA margin, Q2 FY278.1%
  • EBITDA, H1 FY27₹178.3 crore
  • United States revenue, Q2 FY27₹500.0 crore
  • United Kingdom revenue, Q2 FY27₹257.2 crore
  • B2B revenue, Q2 FY27₹70.9 crore
  • United Kingdom EBITDA, Q2 FY27733 (Rs. in lacs)
  • B2B EBITDA, Q2 FY27₹42.4 crore
  • Europe (excluding UK) EBITDA, Q2 FY27(218) (Rs. in lacs)
  • eCommerce % of B2C revenue, Q2 FY2742.4%
  • In-house brands share of B2C revenue57%
Source: BSE · 29 Oct 2026

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