VST Industries sees double-digit profit growth in H1FY26

VST Industries reported a 14.0% increase in profit after tax (PAT) to ₹115.3 crore for the first half of FY26, with Q2FY26 PAT reaching ₹59.2 crore. This growth was supported by a 10.4% rise in EBITDA to ₹156 crore for H1FY26, and a 9.8% increase in cigarette revenue to ₹729 crore, up from ₹664 crore in H1FY25. Cigarette volume (average per month) also saw a 10.3% improvement, reaching 704 million in H1FY26.

Despite a slight decrease in overall revenue from operations by 2.4% to ₹862 crore for H1FY26, primarily due to unmanufactured tobacco, the company achieved a strong volume recovery in the first half of the year. The board of directors reviewed and approved these unaudited financial results, along with the balance sheet and cash flow statement, on October 29, 2025.

The results, prepared in accordance with Indian Accounting Standards, underscore VST Industries' commitment to delivering superior value through innovation, digitization, and cost initiatives. The company’s manufacturing facility is located in Hyderabad and Toopran (Telangana), serving over 10 lakh retail outlets across India.