VST Industries shares surged more than 7% in morning trade on Thursday after the company announced its July–September quarter results, showing strong profit growth despite a slight dip in revenue. As of 9:40 AM, the shares 7.10% were trading 7.10% higher at Rs 276.90.
The tobacco major reported a 24.6% year-on-year rise in net profit to ₹59.2 crore, driven by improved margins and cost efficiencies. Revenue from operations fell 6.7% to ₹336 crore from ₹360 crore in the same quarter last year.
EBITDA increased 16.1% to ₹78.5 crore, while margins expanded to 23.4% from 18.8% a year ago, indicating better operating performance.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
