VST Industries announces the appointment of Piyush Srivastava as Managing Director & CEO, effective March 2, 2026, for a 5-year term, pending shareholder approval. The company also reported unaudited financial results for the quarter ended December 31, 2025, showing a Total Income of ₹500.91 crores. Price Waterhouse is recommended as the new Statutory Auditor.
Leadership Appointment
Piyush Srivastava (DIN: 10775803) has been appointed as an Additional Director and the Managing Director & CEO of VST Industries. His term will begin on March 2nd, 2026, and extend for a period of 5 years. This appointment is subject to shareholder approval via postal ballot. Srivastava, aged 51, brings over 25 years of experience in the FMCG and Alco-Beverage sectors, having held leadership positions at Pernod Ricard, PepsiCo, and Marico.
Financial Highlights (Q3 2026)
The unaudited financial results for the quarter ended December 31, 2025 (Q3 2026), reveal the following:
Total Revenue from Operations (Gross): ₹491.85 crores
Other Income: ₹9.06 crores
Total Income: ₹500.91 crores
Profit Before Tax: ₹81.09 crores
Profit After Tax: ₹60.23 crores
For the nine months ended December 31, 2025:
Total Revenue from Operations (Gross): ₹1356.34 crores
Other Income: ₹31.82 crores
Total Income: ₹1388.16 crores
Profit Before Tax: ₹235.49 crores
Profit After Tax: ₹175.57 crores
Basic and diluted EPS for the quarter stood at ₹3.55.
Statutory Auditor Recommendation
Based on the Audit Committee’s recommendation, Price Waterhouse Chartered Accountants LLP has been recommended for appointment as the Statutory Auditors for a term of five consecutive years. This appointment is pending shareholder approval at the upcoming Annual General Meeting. They will succeed M/s. BSR & Associates LLP, whose term is expiring.
Source: BSE
