Shares of Vaibhav Global climbed 13 per cent after the omni-channel E-tailer of fashion jewellery, accessories, and lifestyle products in developed markets said its profit grew 71 per cent to Rs 48 crore in the September quarter on 10.2 per cent YoY rise in sales at Rs 877 crore. Vaibhav Global said its Ebitda increased 28 per cent YoY while Ebitda margin improved 130 basis points to 10 per cent, up 28 per cent in absolute terms. This was driven by productivity gains and operating leverage, the company informed stock exchanges. Advertisement

Vaibhav Global said its total customers stood at all-time high at 7.14 lakh, up 5 per cent YoY. New Customer acquisitions (TTM) stood at 3.8 lakh, while customer retention rate sustained at 41 per cent. Overall, gross margin stood at 63.5 per cent,

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