This Ace Investor RK Damani’s Stock, deals in the business of manufacturing and trading of Cigarettes, Tobacco, and its products with 3rd largest player in the domestic market, was up by 3 percent after reporting a net profit growth of 186 percent quarter on quarter.
Price Movement
VST Industries Limited‘s stock in Friday’s session touched a day’s high of Rs. 337.15 per share up by 3.45 percent. The stock reiterated from the day’s high and was trading at Rs. 329.75 which is 1.18 percent higher than the previous closing price of Rs. 325.90.
The stock has delivered a negative return of around 1 percent in the past year and has underperformed the Nifty Index in the same period.
Q3FY25 Financial Performance
Their Q3FY25 results show revenue from operations of Rs. 469.74 crore which increased by 0.44 percent year on year, from Rs. 467.68 crore in Q3FY24 and a 2.12 percent increase from Rs. 459.96 crore in Q2FY25.
Their net profit increased by 153.64 percent year on year, from Rs. 53.72 crores in Q3FY24 to Rs. 136.26 crores in Q3FY25. Quarterly, the profits increased by 186.50 percent from Rs. 47.56 crore.
Business Segments
As per the recent December 2024 results, the company recognizes its revenue from tobacco and related products.
Ace Investor Stake
As of December 2024, Ace Investor Radhakishan Shivkishan Damani holds around 3.15 percent, and in the name of Bright Star Investments Pvt. Ltd backed by RK Damani holds around 25.95 percent stake.
Brand products
They have a portfolio of brands such as Charminar, Special, Charms, Moments, and Total, in the 64-millimeter (mm) and 69-mm segments. They have entered the 84 mm segment with its brand, Editions.
Company Overview
VST Industries Limited is headquartered in Hyderabad and manufactures and distributes cigarettes, tobacco, and its related products. Earlier it was named Vazir Sultan Tobacco in 1930, and then it was renamed VST in 1983. They export tobacco while engaging in contract farming and R&D.
Written by Santhosh S
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