VST Industries Results Update
VST Industries reported lower Q2 FY27 results as tax increases hit revenue and profit year-on-year. Management cited weaker cigarette volumes and continued pressure on affordability.
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VST Industries reported lower Q2 FY27 results as tax increases hit revenue and profit year-on-year. Management cited weaker cigarette volumes and continued pressure on affordability.
VST Industries' Q1FY27 net revenue declined 13% to ₹256 Crore, with profit after tax falling 25% to ₹42.4 Crore due to increased tax levies.
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.