VST Industries rose 0.28% to Rs 4,657.15 after net profit surged 46.96% to Rs 81.48 crore on a 16.70% jump in total income from operations to Rs 368.46 crore in Q3 December 2019 over Q3 December 2018.
Profit before tax rose 26.50% to Rs 109.16 crore in Q3 December 2019 as compared to Rs 86.29 crore in Q3 December 2018. Total tax expense slipped 10.27% to Rs 27.68 crore in Q3 December 2019 as against Rs 30.85 crore paid in Q3 December 2018. The Q3 earning was announced during market hours today, 22 January 2020.
VST Industries is engaged in manufacture of cigarettes containing tobacco and unmanufactured tobacco.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content