VST Industries FY26 Net Profit Up 43.6%

VST Industries reported 25% YoY growth in net cigarette revenue to ₹1,151 crores for FY26.
EBITDA surged 61.4% to ₹450 crores with margin expansion of 660 basis points to 22.0%.
Cigarette volume grew 8.6% YoY to 696 million units per month average, driven by brand portfolio and execution.
Company faces challenging year ahead due to significant GST and Excise Duty increases offset by Compensation Cess reduction.