VST Industries in focus, rallies 11% after June quarter numbers

The company's net profit rose 0.04 per cent YoY to Rs 75.71 crore for the quarter under review.

Shares of VST Industries rallied as much as 11 per cent to Rs 3,595 apiece on the BSE on Tuesday, a day after the company reported its June quarter numbers for the fiscal year 2020-21 (FY21). 

The company's net profit rose 0.04 per cent to Rs 75.71 crore for the quarter under review as against Rs 75.68 crore logged during the corresponding quarter of the previous fiscal. The company's sales, however, declined 19.4 per cent to Rs 245.39 crore as against Rs 304.45 crore in the year-ago quarter. 

In a separate filing to exchanges on the impact of Covid-19 pandemic