Food and Beverages company VST Industries announced Q1FY23 results:

• Income from Operations grew at 9.2% to Rs. 402 crores
• Sharp improvement in Operating margin with EBITDA at 30.9%
• PAT grew at rate of 23.7% in Q1FY23
• EPS stood at Rs 56.4 in Q1FY23 vs. Rs 45.6 in Q1FY22 

“VST has displayed robust financial performance on the back of its strong brand power and efficient capital allocation, the Company recorded growth of 24 per cent in profit and also improved its margins to above 30 per cent and delivered a strong quarter for its members. The Company is hopeful of moving ahead on the path of profitable growth despite the strong economic headwinds.” said Aditya Deb Gooptu Managing Director, VST Industries Limited

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