| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 450.37 | 8.8% | 2.3% |
| Total Income | 462.32 | 8.8% | 1.4% |
| Expenditure | 383.91 | 10.0% | 5.1% |
| PBT | 78.41 | 3.2% | 21.2% |
| Net Profit | 59.21 | 5.5% | 24.5% |
| OPM | 17.46% | 1.12pp | |
| NPM | 12.81% | 0.40pp | 2.67pp |
| EPS | 3.49 | 5.8% | 24.6% |
VST Industries Reports 9.8% YoY Growth in Cigarette Revenue for Q2FY26
29 Oct 2025 · 29 Oct 2025, 04:42 pm
Summary
VST Industries, a leading player in the manufacture and distribution of cigarettes and tobacco leaf, reported its financial results for the quarter and half year ended September 30, 2025. The company saw a 9.8% YoY growth in cigarette revenue, reaching Rs. 729 crores compared to Rs. 664 crores in Q2FY25. EBITDA also increased by 10% to Rs. 156 crores from Rs. 141 crores in the same period. Sanjay Wali, Whole-Time Director, attributed the growth to enhanced portfolio, superior micro market execution, and cost initiatives.
Key Highlights
- 1
9.8% YoY growth in Cigarette Revenue
- 2
EBITDA up 10% at Rs.156 crores vs 141 crore
- 3
Strong fundamentals & market driven initiatives aiding a rebound in volume
- 4
Improved performance in unmanufactured tobacco (O2)
Management Comments
Sanjay Wali
Our efforts to enhance our portfolio along with superior micro market execution has resulted in strong volume recovery in first half of the year. Although unmanufactured tobacco operates in a volatile global environment, we have seen improved performance in O2. Our cost initiatives are fructifying and coupled with our efforts on innovation and digitization, we have delivered a double-digit profit growth. We are committed to delivering superior value to both our consumers and stakeholders.
Informational and educational content only. Not investment advice.