VST Industries revenue jumped by 24 per cent in Q4FY16

VST industries on 20th April declared its Q4FY16 results. Its net income from its operation rose by about 24 per cent as compared to its previous quarter. The total expenditure for the year ended also increased by 23 per cent and stands at Rs 196.26 crores as compared to Rs 159 crore of the last quarter.

Company's net revenue for the Q4FY16 stands at Rs 270.04 crore and has increased by 24 per cent from the previous quarter. Company's EBITDA increased by 27 per cent as compared to the previous quarter and stands at Rs 73.78 crore as compared to the Rs 58.17 crore, for  the previous quarter. Net profit for Q4FY16 increased by 20 per cent and stands at Rs 49.3 crore as compared to Rs 41.1 crore for the previous quarter.

On a YoY basis the net income from operations stands at Rs 883.15 crore, up by 6 per cent as compared to the previous year. Its total expenditure increased by approximately 9 percent and stands at Rs 645.75 crore as compared to the previous quarter where the total expenses stood at Rs 594.02 crore. EBITDA for the YoY basis has certainly reduced to an extent and  stands at (-2%) for the year as compared to the previous year. The reported EBITDA for the financial year is upto 237.4 crore which is less by 2 per cent as compared to the previous year.Net profit on YoY basis has just increased by 1 percent and stands at Rs 153.11 crore. EPS has increased by 1 per cent and has been reported at 99.15.

VST Industries Ltd. is an Indian manufacturing company. The company operates in tobacco and related product segment. The company’s principle activities include manufacture and sale of cigarettes and unmanufactured tobacco.