In an interview to CNBC-TV18, Puru Aggarwal, CFO of Vaibhav Global spoke about the results and his outlook for the company.
Electronic and manufacturer of fashion jewellery Vaibhav Global reported a growth of 15 percent on the topline in the second quarter of FY17.
Aggarwal says the current composition of sales is 80 percent from television and 20 percent from web. He claims that the margins from both are equal.
The shares pledged by the promoter is less than 2 percent, CMD Sunil Agrawal told CNBC-TV18.
Vaibhav Global, a retailer of fashion jewelry and lifestyle accessories reported 30 percent jum p in its net sales at Rs 261.4 crore. The company's net profit also surged by 42 percent from Rs 28 crore to Rs 40 crore.