VST Industries reported a 25% rise in Q2 profit to ₹59.2 crore despite a 7% fall in revenue, supported by higher margins and improved operational efficiency.
VST Industries Ltd, a leading player in the tobacco sector, reported a mixed performance for the July–September quarter, with higher profitability offsetting a modest decline in revenue.
The company’s net profit rose 24.6% year-on-year to ₹59.2 crore, while revenue slipped 6.7% to ₹336 crore from ₹360 crore a year earlier.
EBITDA grew 16.1% to ₹78.5 crore, with margins improving to 23.4% from 18.8% in the same period last year, reflecting better cost management and operational efficiencies.
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VST Industries, which manufactures cigarettes and unmanufactured tobacco at its facilities in Hyderabad and Toopran (Telangana), continues to focus on optimising production and maintaining steady profitability.
Ahead of the earnings announcement, shares of VST Industries Ltd closed 1% higher at ₹258.95 on the NSE.
(Edited by : Sheersh Kapoor)