Hyderabad headquartered, VST (Vazir Sultan Tobacco) Industries, reported their Q1 FY21 results on Monday. Consolidated revenue decreased by 4% YoY, from Rs 329 crore to Rs 314 crore. Year-on-year net profits increased by a mere 0.03%, from Rs 75.6 crore in the same quarter last year to Rs 75.7 crore this term. Both of the numbers are better than what the market analyst estimated.

Q1 FY21Q4 FY20Q1 FY20QoQYoY
Revenue314349329-9.96%-4.4%
Profits75.770.675.67.23%0.03%
Values in Crore Rupees

VST Industries is a public conglomerate company which manufactures and distribute cigarettes. The company declared a dividend of Rs 103 last month.

Even though the company edged out the street estimates, their share price fell by 0.5% in anticipation of poor quarterly results.

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