VST Industries surges after Q4 earnings

VST Industries rose 3.98% to Rs 1656.20 at 10:47 IST on BSE after net profit fell 21.58% to Rs 40.69 crore on 15.95% growth in total income from operations to Rs 219.25 crore in Q4 March 2015 over Q4 March 2014.

The Q4 result was announced after market hours yesterday, 21 April 2015.

Meanwhile, the S&P BSE Sensex was up 32.19 points or 0.12% at 27,708.23.

On BSE, so far 1,493 shares were traded in the counter as against average daily volume of 8,112 shares in the past two weeks.

The stock hit a high of Rs 1,660.60 and a low of Rs 1,560.05 so far during the day. The stock had hit a 52-week high of Rs 2,004.50 in 30 April 2014. The stock had hit a 52-week low of Rs 1,435 on 10 July 2014.

VST Industries' net profit in Q4 March 2014 was boosted by higher other income. Other income in Q4 March 2014 was at Rs 20.74 crore while it was at Rs 5.50 crore in Q4 March 2015.

VST Industries has a manufacturing facility at Hyderabad and its principal activities are manufacturing and selling cigarettes and unmanufactured tobacco.

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