VST Industries (509966) Q3 25/26 earnings summary

Executive summary

• Unaudited financial results for the quarter and nine months ended 31 December 2025 were approved, showing strong operational and financial performance.

• Appointment of Mr. Piyush Srivastava as Managing Director & CEO for five years effective 2 March 2026, subject to shareholder approval.

• Appointment of M/s. Price Waterhouse Chartered Accountants LLP as new statutory auditors for a five-year term, pending shareholder approval.

Financial highlights

• Revenue from operations for the quarter ended 31 December 2025 was ₹49,185 lakhs, up from ₹45,037 lakhs in the same quarter last year.

• Profit after tax for the quarter was ₹6,023 lakhs, compared to ₹13,626 lakhs in the same quarter last year (which included an exceptional gain last year).

• Exceptional item of ₹10,049 lakhs in the previous year’s quarter due to sale of immovable property, not repeated this quarter.

• Earnings per share (EPS) for the quarter was ₹3.55, compared to ₹8.02 in the same quarter last year.

• Total comprehensive income for the quarter was ₹6,030 lakhs.

Outlook and guidance

• Company continues to monitor the impact of new labour codes and has recognized additional gratuity and leave liability of ₹601 lakhs.