VST Industries shares slide 4% after Q1 profit drops 25%, revenue falls 13%

VST Industries shares fell over 4% on Wednesday after reporting a 25% YoY drop in Q1 FY27 net profit to Rs 42 crore and a 13% drop in revenue. The cigarette maker cited higher tax incidence, weak operating margins, and Middle East geopolitical tensions as key drag factors on performance.

Raccontata daeconomictimes.indiatimes.com