Shares of VST Industries Ltd fell 3.26% to ₹283.20 in Monday’s session, even after the company reported a slight rise in quarterly profit. The stock opened near its previous close of ₹292.75 but declined steadily throughout the day, hitting an intraday low of ₹282.70 as investors reacted to the company’s Q1 FY26 results.
For the quarter ended June 30, 2025, VST Industries posted a net profit of ₹56.13 crore, up 4.8% year-on-year (YoY) from ₹53.58 crore in Q1 FY25. Profit before tax rose to ₹75.99 crore, up 5.1% from ₹72.28 crore last year, aided by reduced expenses.
However, the company’s revenue from operations declined by 2.3% YoY to ₹414.12 crore compared to ₹423.86 crore in the same period last year. Total income, including other income, fell 1.9% to ₹424.93 crore, from ₹432.94 crore a year ago.
Expenses for the quarter dropped by 3.3% YoY to ₹348.94 crore, which helped support profitability despite lower sales.
Key financial metrics (₹ crore) — Q1 FY26 vs Q1 FY25
| Metric | Q1 FY26 | Q1 FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹414.12 | ₹423.86 | ↓ 2.3% |
| Total Income | ₹424.93 | ₹432.94 | ↓ 1.9% |
| Total Expenses | ₹348.94 | ₹360.66 | ↓ 3.3% |
| Profit Before Tax (PBT) | ₹75.99 | ₹72.28 | ↑ 5.1% |
| Net Profit | ₹56.13 | ₹53.58 | ↑ 4.8% |
The stock’s decline despite higher profits suggests investor concerns over the fall in revenue and top-line growth. At the time of writing, the stock’s market capitalization stood at ₹48.18 billion, with a P/E ratio of 16.59 and a dividend yield of 3.53%.
