VST Industries reported a strong performance, showcasing a 10.5% increase in cigarette revenue, reaching ₹1101 crores. EBITDA also saw a robust rise of 15% to ₹241 crores. This growth is attributed to strong fundamentals and market-driven initiatives that have aided in volume recovery. The company remains committed to delivering superior value for its consumers and stakeholders.
Financial Highlights for Q3 FY26
VST Industries announced its financial results for Q3 FY26, demonstrating significant year-on-year growth:
- Cigarette Revenue: Increased by 10.5%, reaching ₹1101 crores compared to ₹996 crores in the previous year.
- EBITDA: Rose by 15% to ₹241 crores, up from ₹209 crore.
- Average Cigarette Volume: 710 million (average per month) for Q3 FY26 versus 642 million in Q3 FY25, representing a 10.6% increase.
Revenue Performance
The breakdown of revenue from operations reveals:
- Cigarette Revenue: ₹372 crores in Q3 FY26 compared to ₹333 crores in Q3 FY25.
- Unmanufactured Tobacco: ₹119 crores in Q3 FY26 versus ₹137 crores in the corresponding quarter of the previous year.
- Total Revenue: ₹491 crores in Q3 FY26 (₹470 crores in Q3 FY25).
Profitability Metrics
Key profitability metrics include:
- EBITDA Margin: Increased to 23.0%, a +400bps improvement.
- Profit after Tax: ₹60.2 crores for Q3 FY26.
- Profit after Tax (before exceptional item): ₹60.2 crores (Q3 FY26), compared to ₹49.4 crores (Q3 FY25).
Management Commentary
Sanjay Wali, Whole-Time Director, commented on the company’s performance, noting that improved brand portfolio and strong in-market execution have driven volume recovery. He also highlighted the impact of digitization and cost management in achieving high double-digit profit growth.
Source: BSE
