Vaibhav Global announced that the Board of Directors of the Company at its meeting held on 11 November 2024, inter alia, have recommended the second interim dividend of Rs 1.5 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Vaibhav Global declined 5.35% to Rs 27.80 crore in the quarter ended September 2024 as against Rs 29.37 crore during the previous quarter ended September 2023. Sales rose 12.97% to Rs 796.43 crore in the quarter ended September 2024 as against Rs 705.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales796.43705.00 13 OPM %7.559.01 - PBDT65.3164.00 2 PBT39.3141.38 -5 NP27.8029.37 -5 Powered by Capital Market - Live News

Vaibhav Global has received reaffirmation in credit rating for Rs 110 crore bank facilities of the company as under:Long term fund based limits (Rs 105 crore) - ICRA A (reaffirmed and outlook revised to Positive from Stable) Short term non fund based limits (Rs 5 crore) - ICRA A1 (reaffirmed) Powered by Capital Market - Live News

Vaibhav Global will hold a meeting of the Board of Directors of the Company on 11 November 2024.Powered by Capital Market - Live News

Vaibhav Global has received revision in credit ratings from CARE Ratings for bank facilities aggregating Rs 110 crore to CARE A+; Stable / CARE A1 (long term rating upgraded from CARE A; Stable and short term rating reffirmed). Powered by Capital Market - Live News