Economic TimesLean R·
VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%
VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in revenue. The cigarette maker cited higher tax incidence, weak operating margins, and Middle East geopolitical tensions as key drag factors on performance.
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