VST Industries Results Update
VST Industries reported FY26 revenue of ₹2,042 Crore, with net cigarette revenue growing 25% to ₹1,151 Crore. EBITDA rose 61% to ₹450 Crore, driven by volume recovery and productivity initiatives. Despite unmanufactured tobacco challenges in the Middle East, the company achieved strong double-digit profit growth while navigating indirect tax amendments.
- Value
- ₹2,042 Cr