VST Industries Q3: Profit Plunges 55.8% Despite Revenue Stability, Margin Growth
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CNBC TV18•29-01-2026, 14:18
VST Industries Q3: Profit Plunges 55.8% Despite Revenue Stability, Margin Growth
- •VST Industries reported a significant 55.8% year-on-year drop in net profit to ₹60.23 crore for Q3.
- •Revenue from operations saw a marginal increase of 1.7% YoY, reaching ₹373.4 crore.
- •EBITDA rose by 25.7% YoY to ₹86 crore, driven by improved cost management.
- •EBITDA margins expanded sharply to 23% from 18.6% in the previous year's corresponding quarter.
- •Piyush Srivastava has been appointed as Additional Director and MD & CEO for five years, effective March 2, 2026.
Why It Matters: VST Industries' Q3 profit fell sharply despite stable revenue and improved operating margins.
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