Latest news with #VSTIndustries
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Business Standard
a day ago
- Business
- Business Standard
ITC, Radico Khaitan, VST: How to trade sin stocks amid GST reforms?
Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here. Rex Cano Mumbai Listen to This Article Shares of alcohol beverages, and tobacco products are in focus amid talks of likely higher taxes on these products. According to reports, the finance ministry has proposed a 40 per cent 'sin tax' on alcohol and tobacco related products. The government is planning a major overhaul of the Goods and Services Tax (GST) structure, wherein a majority of the daily-use products could be shifted to lower GST slabs. Prime Minister Narendra Modi in his Independence Day speech suggested that the 'next-generation' GST reforms may be announced as a Diwali gift to the common man. So while broader
Business Standard
22-07-2025
- Business
- Business Standard
VST Inds Q1 PAT rise 5% YoY to Rs 56 cr
VST Industries reported a 4.76% increase in standalone net profit to Rs 56.13 crore, despite a 7.29% drop in revenue from operations (excluding excise duty) to Rs 297.90 crore in Q1 FY26 over Q1 FY25. Profit before tax rose 5.13% to Rs 75.99 crore in Q1 FY26 as against Rs 72.28 crore posted in the year-ago period. Total expenses declined 3.25% to Rs 348.94 crore in Q1 FY26, compared with Rs 360.66 crore in Q1 FY25. The employee benefits expense was at Rs 33.39 crore (down 7.84% YoY), and the cost of materials consumed stood at Rs 145.64 crore (down 7.3% YoY) during the period under review. VST Industries manufactures and distributes cigarettes and tobacco products. Shares of VST Industries fell 3.33% to Rs 283.20 on the BSE.
Business Standard
22-07-2025
- Business
- Business Standard
VST Industries standalone net profit rises 4.76% in the June 2025 quarter
Sales decline 7.70% to Rs 295.92 croreNet profit of VST Industries rose 4.76% to Rs 56.13 crore in the quarter ended June 2025 as against Rs 53.58 crore during the previous quarter ended June 2024. Sales declined 7.70% to Rs 295.92 crore in the quarter ended June 2025 as against Rs 320.62 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -8 OPM %26.0022.86 -PBDT87.7482.36 7 PBT75.9972.28 5 NP56.1353.58 5 Powered by Capital Market - Live News
News18
29-06-2025
- Business
- News18
Dividend, Bonus & Split This Week: Nestle, Axis, Concor, M&M, Paras Among 40 Stocks
Last Updated: Among the companies that will in focus this week are: Indian Hotels, JSW Infra, VST Industries, Axis Bank, Bharat Forge, Concor, Paras Defence, Nestle India and more. Dividend Stocks: The Indian stock market will experience a slew of corporate actions between June 30 to July 04. Several companies have announced dividends, right issues, and stock splits, making it an important period for investors tracking. Among the companies that will in focus this week are: Indian Hotels, JSW Infra, VST Industries, Axis Bank, Bharat Forge, Container Corporation of India, Para Defence, Nestle India, and many more. Indian Hotels Dividend 2025 Indian Hotels Company Ltd has announced a final dividend of Rs 2.25 per share. The ex-date and record date are both set for June 30, 2025. VST Industries Dividend 2025 VST Industries declared a final dividend of Rs 10 per share. The ex-date is July 3, 2025. Nestle India Dividend 2025 Nestle India has declared a final dividend of Rs 10 per share. The ex-date and record date are both set for July 4, 2025. Tech Mahindra Dividend 2025 Tech Mahindra will pay a final dividend of Rs 30 per share. The ex-date and record date are July 4, 2025. Mahindra & Mahindra Dividend 2025 Mahindra & Mahindra has announced a dividend of Rs 25.3 per share, with both the ex-date and record date on July 4, 2025. Thermax Dividend 2025 Thermax Ltd has announced a final dividend of Rs 14 per share. The record is fixed for July 4, 2025. AXIS Bank Ltd will distribute a final dividend of Rs 1 per share. Shareholders must hold the stock by the ex-date of July 4, 2025, which is also the record date. Container Corporation of India (Concor) Bonus Issue 2025 Container Corporation of India has announced a bonus issue in the ratio of 1:4. The ex-date and record date are July 4, 2025. Paras Defence Stock Split 2025 Record Date Paras Defence and Space Tech will go through a stock split from Rs 10 to Rs 5 per share. This action is scheduled for July 4, 2025. Right Issue Announcements Mirc Electronics and T T Ltd have both announced right issues of equity shares. Ex-date and record date for both are June 30 and July 4, 2025, respectively. Upcoming Dividend, Stock Split and Bonus Issue: top videos View all Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: June 29, 2025, 08:24 IST News business » markets Dividend, Bonus & Split This Week: Nestle, Axis, Concor, M&M, Paras Among 40 Stocks
Mint
08-05-2025
- Business
- Mint
Q4 earnings watch: Demand slowdown puts FMCG's ‘fast-moving' promise to test
Tepid consumer demand continued to weigh on fast-moving consumer goods (FMCG) companies' revenue growth in the March quarter, extending a streak of sluggish topline expansion. Yet, behind this lacklustre revenue performance, cost control measures emerged as a crucial buffer, stabilizing profits and preventing deeper erosion. A Mint analysis of 19 FMCG firms shows that aggregate year-on-year revenue growth remained stagnant at 6.1% in Q4, marginally down from 6.6% in the preceding December quarter. In stark contrast, net profits surged dramatically from 12.1% year-on-year growth in Q3FY25 to an impressive 31% in Q4FY25, underscoring the widening divergence between these key performance metrics. This analysis was based on standalone data sourced from the Capitaline database for companies that have released their latest financial results so far. Revenue growth has remained muted for FMCG firms across all quarters of 2024-25, reflecting a persistent demand slowdown that continues to weigh on topline performance across the sector. Conversely, net profit has risen steadily over the same period, barring a dip in the September quarter of FY25. This divergence has pressured margins: net profit margins fell to 12.8% in Q4 from 13.7% in Q3, but improved compared to the year-ago period. Read this | Q4 earnings watch: Whispers of rural recovery as revenues buck broader trend Efforts to protect profitability are evident in a contraction in aggregate expenses in the second half of the fiscal year, reversing nearly 9% growth seen in the first half. However, some costs have started creeping up as input prices for essential commodities increased towards the end of 2024, despite overall inflation stabilizing. Raw material costs as a share of net sales rose to 28.5% in Q4, up from 27.3% in Q3 and 27.7% a year earlier. Most firms appear to have passed these higher costs onto consumers, with further price hikes expected to support revenue growth. A NielsenIQ report underscores this trend, showing 11% year-on-year value growth for the FMCG segment in the March quarter, driven by a 5.1% volume gain and a 5.6% price increase. Read this | FMCG's mixed bag: Rural strength masks slump in latest quarter Still, the company-wise analysis reveals a mixed performance. While seven of the 16 profitable firms saw net profits shrink in Q4, with five of them posting double-digit declines, robust growth in eight other firms helped offset these losses. Notably, companies such as VST Industries, GM Breweries, and Dabur India, which reported the steepest net profit declines, also saw revenue drop in the March quarter, suggesting a link between topline challenges and bottomline performance for certain players. Also read | The complicated relationship between consumer sentiment and stocks This is the tenth part of a series of data stories about the ongoing Q4 earnings season. Read previous parts of our earnings series here.
