Tag
Tobacco Manufacturing
2 articles
VST Industries Q2 PAT Down 28% on Tax Hike
VST Industries reported a 21.4% YoY decline in H1FY27 net revenue to ₹498 crore due to a significant government tax increase.
H1FY27 profit after tax fell 27.6% to ₹83.5 crore, with cigarette volumes
VST Industries Q2 PAT Down 28% on Tax Hike
VST Industries reported a 28% YoY decline in H1FY27 PAT to ₹83.5 crore, pressured by a significant government tax increase.
Net revenue fell 21% to ₹498 crore, with cigarette volumes dropping 16.8% du