Cigarettes and Tobacco company VST Industries announced Q4FY22 results: Profit up 19.7% in Q4, FY22 as against Q4, FY21 Overall Revenue jumps 5.9% in FY22 as against FY21 Cigarette revenue up 5.9% in FY22 Board recommends dividend of Rs 140/- (PY-Rs 114/-) per equity share subject to shareholders' approval "Our revenue growth of 6 percent was driven by increase in volume base which demonstrates Inherent strengths of trademarks created in the last decade. During the year we launched a new variant which is showing good promise. As we fortify our brand portfolio with consumer-relevant value additions, we continue to focus on penetration led volume growth and geographic expansion" said Aditya Deb Gooptu Managing Director, VST Industries Limited. Result PDF
Cigarettes-Tobacco products company VST Industries declares Q3FY22 result: VST registers growth in top line as well as bottom-line in a challenging quarter Revenue jumps 13.4% in Dec quarter (YoY) Operating margin stays above 25% EPS stood at Rs 53.6 in Q3, FY22 vs. Rs 47.7 in Q3, FY21 The quarterly performance at the end of Q3, FY22 indicates that recovery momentum is going strong. Profit before Tax (PBT) stood at Rs 111.0 crs as on Q3, FY22, as against PBT of Rs 99.7 crore recorded in the corresponding fiscal. The Earning per Share (EPS) is at Rs 53.6 for the quarter ended December, 2021 as against the EPS of Rs 47.7 recorded during the corresponding period a year ago. The revenue of VST continues to grow sequentially, in the Q3, FY22 the total income stood at Rs 441 crore up by 13.4 percent over the corresponding quarter a year ago. The operating margin remained above 25 percent due to better price realisation and prudent cost management that resulted in operating profit growth despite the input inflation. "VST Industries has once again displayed robust financial performance in the third quarter of the current fiscal on back of sequential volume recovery whi le continuing to t hwart the challenges of higher inflation." said Aditya Deb Gooptu Managing Director, VST Industries Limited. He further adds, "There are some recent hiccups due to Omicron variant, but with economic situation improving graciually, VST is hopeful of sustaining its operating performance on all metrics" Result PDF