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VST Industries skids after Q1 FY22 PAT falls 7% to Rs 70 cr

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Capital Market
Last Updated : Jul 28 2021 | 11:31 AM IST

VST Industries dropped 2.01% to Rs 3,423.95 after the cigarette maker's standalone net profit declined 7% to Rs 70.44 crore on a 12.1% rise in net sales to Rs 275.02 crore in Q1 June 2021 over Q1 June 2020.

Standalone profit before tax slipped 7.1% to Rs 94.81 crore in Q1 June 2021 as against Rs 102.02 crore in Q1 June 2020. The Q1 earnings was declared post market hours yesterday, 27 July 2021.

VST Industries manufactures and distributes cigarettes and tobacco products.

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First Published: Jul 28 2021 | 11:12 AM IST

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