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VST Industries is engaged inter-alia in manufacture and trading of Cigarettes, Tobacco and Tobacco products.(Source : 202003 Annual Report Page No: 93)
VST Industries Q1FY27 net revenue fell 13% to ₹256 Cr, PAT down 25% to ₹42 Cr, impacted by a 50% average tax hike on cigarettes. Management anticipates a challenging year, focusing on strategic pricing and volume recovery amidst illicit trade threats.
VST Industries posted strong FY26 results. Cigarette Revenue climbed 25% to 1151 Cr, EBITDA surged 61% to 450 Cr, and volumes rose 8.6%. Profit (ex-items) increased 43.6%. Management anticipates challenges from higher taxes ahead.
VST Industries received a GST demand order of ₹0.74 Cr (including penalty) from Andhra Pradesh for non-payment of export refund amounts from FY20-21 to FY23-24. The company disputes this and plans appellate action.
VST Industries posts strong 9-month results: Cigarette revenue jumped 10.5% to ₹1101 Cr, EBITDA 15.4% to ₹241 Cr. Volume recovery & brand execution fueled 16.6% PAT (pre-exceptional) growth to ₹175.6 Cr, offsetting unmanufactured tobacco challenges. #VSTIND
VST Industries received an order from Southern Power Distribution Company for energy-charge dues of ₹0.21 Cr. This stems from the reclassification of power supply from industrial to commercial, directly impacting the company's financials.