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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
VST Industries
VST Industries (509966) investor relations material
VST Industries Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary28 Oct, 2026
Executive summary
Q2 FY27 PAT was ₹4,104 lakh and EPS was ₹2.41; H1 PAT was ₹8,346 lakh, below ₹11,534 lakh in H1 FY26.
Q2 and H1 comparisons for gross sales and excise duty are affected by indirect-tax changes effective 1 February 2026.
Financial highlights
Q2 total revenue from operations was ₹84,406 lakh and total income ₹86,494 lakh; H1 figures were ₹170,577 lakh and ₹174,643 lakh, respectively.
Q2 PBT was ₹5,330 lakh versus ₹7,841 lakh YoY; H1 PBT was ₹11,158 lakh versus ₹15,440 lakh.
Q2 PAT was ₹4,104 lakh versus ₹5,921 lakh YoY; H1 PAT was ₹8,346 lakh versus ₹11,534 lakh.
H1 total comprehensive income was ₹8,381 lakh versus ₹11,511 lakh in H1 FY26.
Segment performance
One operating segment: tobacco and related products; performance is reviewed at the overall business level.
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Latest events from VST Industries
- Revenue rose 7.1% as record comprehensive income offset cost and volume headwinds.509966
Q4 22/23 - Tax pressure cut profits as tobacco and natural-products exports expanded.509966Q4 96/97
- Tax pressure cut FY98 profit despite brand gains, modernization and stronger exports.509966Q4 97/98
- 9% sales growth was overwhelmed by extraordinary losses, prompting a refocus on cigarettes.509966Q4 98/99
- Profit rebounded and debt fell, despite shrinking cigarette volumes and market share.509966Q4 99/00
- Profit rebounded and dividend rose, but excise and tax burdens remained key constraints.509966Q4 00/01
- PAT rose 34.5% as efficiency gains offset falling sales and a weak cigarette market.509966Q4 01/02
- Profit and EPS advanced as debt fell, but taxes and impending regulation clouded the outlook.509966Q4 02/03
- Sales edged up, but VRS costs and tax pressure cut earnings in a stagnant cigarette market.509966Q4 03/04
- Profit more than doubled as volumes recovered, but tax and regulatory risks persisted.509966Q4 04/05
Next VST Industries earnings date
Q3 26/2722 Jan, 2027
VST Industries
Next VST Industries earnings date
Q3 26/2722 Jan, 2027
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