VST Industries Ltd , a leading player in the tobacco sector, reported a mixed performance for the July – September quarter, with higher profitability offsetting a modest decline in revenue.

The company’s net profit rose 24.6% year-on-year to ₹ 59.2 crore, while revenue slipped 6.7% to ₹ 336 crore from ₹ 360 crore a year earlier.

EBITDA grew 16.1% to ₹ 78.5 crore, with margins improving to 23.4% from 18.8% in the same period last year, reflecting better cost management and operational efficiencies.

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VST Industries, which manufactures cigarettes and unmanufactured tobacco at its facilities in Hyderabad and Toopran (Telangana), continues to focus on optimising production and

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