Outcome of Board Meeting

VST Industries Limited 28th October, 2026 The General Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers “Exchange Plaza” Dalal Street, Fort Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai – 400 051 STOCK CODE : 509966 STOCK SYMBOL : VSTIND Dear Sir/Madam, Sub: Unaudited Financial Results Pursuant to Regulation 33(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the statement containing the unaudited financial results for the quarter and half year ended 30th September, 2026 along with Statement of Assets and Liabilities and Cash Flow Statement which was considered and approved by the Board of Directors at their Meeting held today. Also enclosed is the Limited Review Report of the Statutory Auditors. The above information will also be available on the website of the Company at www.vsthyd.com The meeting of the Board of Directors commenced at 11.45 a.m. and concluded at 3.25 p.m. We request you to take the above on record. Yours faithfully, For VST INDUSTRIES LIMITED PHANI K. MANGIPUDI Company Secretary & Vice President-Legal & Secretarial Encl: As above. Registered Office: Azamabad, Hyderabad – 500 020; Phone: 91-40-27688000; Fax:91-40-27615336; CIN: L29150TG1930PLC000576; Email:corporate@vstind.com; website: www.vsthyd.com VST Industries Limited Regd Offic Azamabad, Hyderabad - 500 020. Phone: 91-40-27688000, Fax: 91-40-27615336 CIN:L29150TG1930PLCO00S76, Email: corporate@ystind.com, Website: www.ysthyd.com STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED 30TH SEPTEMBER, 2026 (R in Lakhs) 3 months, Preceding | Corresponding| Year todate | Year to date | Previous year ended 3 months 3months | figures for the | figures for the | ended ok B EARTICULARS ended ended | current period | previous period ended ended 30-092026 | 30-062026 | 30092025 | 30-09-2006 | 30-092025 | 31-03-2026 (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | (Auditcd) Coll Colz Col3 Cold Cols Col.6 Col.7 Col.§ 1. [Revenue from Operations () Gross Sales 84361 86127 4956 170438 86170) 204195 (b) Other Operating Income 45 44 81 9 279 379) Total Revenue from Operations (Gross) 84406 %171 45037 170577 36449) 204574 2 [Other Income 2088 1978 1195 4066| 2276) 4131 3. |Total Income (1+2) 86494 88149 4623 174643 8725 208705 4. [Expenses. (a) Cost of Materials consumed 12244] 12279 18843 24523 33407 6835)) (b) Changes in inventorics of finished goods and work-in -progress 447 (©6)| (752) 381 (s01) 199) (€) Excise duty 60274, 60525 11425 120799) 23047 58121 (d) Employee benefits expense 3401 3579) 3179| 6950) 6518) 13927} () Depreciation and amortisation expense 1082 m7 1216 2199) 2391 10116 () Other expenses 3716) 4887 4480 8603 8723 18956} Total Expenses 81164 823210 38391 163485 75283| 169701 5. |Profit before Tax (3 -4) 5330 5828 7841 [OE] 15440 39004 6. [Tax Expense (@) Current tax 11s 1394 2153 2509 3998 12324 (b) Deferred tax 1t 192 ©33) 303 ©2) (2546) Total Tax Expenses 1226 1586 1920] 281 3906 9778 7. |Profit after Tax Expen(5s -e6) 4104] 4] 921 510 T1534] 20726] 8. |Other Comprehensive Income A (i) Irems that will not be reclassified to profit orl oss - - )| - 5 181 (i) Income tax relating to items that will not be reclassified to profit or o - - a8) - @s) (59) B (i) tems that will be reclassified to profit or loss 3 39 ) 47 (38) (129) i) Income tax relating o items that will be reclassified to profit or loss @) a0 19 a2) is 2 IT otal Other Comprehensive Income 6 29 1) 35 @3) 23] 9. | Total Comprehensive Income (7+8) 10| a7 5840) 8381 1511 29251 10, [Paid-up Equity Share Capital (Face Value of2 10 per Share) T69%6) T6986] 16986 16986 T6986] 16986 11, |Other Equity 127581 12, {Eamings per Share (EPS) (0f 10/~ each) (not anmualised) - Basic and diluted EPS 241 250 349) 491 679 1721 Notes 1. The above mentioned resuls were reviewed by the Audit Commitiee and approved by the Board ofD irectors a theic meeting held on 281th October, 2026 2. The financial resuls of the Company have been preparcd in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 oft he Companies Act, 2015 read with relevant rules issued thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI circular dated Sth July. 2016. 3. The Company has a single operating segment viz. “tobacco and related products™ and accordingly, reviews business performance at an overall Company level, Therefore, the disclosure as per Ind AS 108 - ‘Operating Segments'is not applicable. 4. The Company docs not have any subsidiary company including an associate and joint venture. Accordingly. preparation of a consolidated financial statements is not applicable. 5. Limited Review of the above mentioned results as per Regulation 33 of the SEBI ( Listing Obligations and Disclosure Requirements) Regulations. 2015 has been carried out by the Statutory Auditor, who has isstied an unqualified review repor. 6. With effect from It February, 2026, the Government of India reduced the levy of Compensation Cess on cigarettes to 'Nil'and at the same time GST and Excise Duty on the subject product was increased significantly. Due to such amendments in indircet taxcs, the figures for Gross Sales' (net of GST and Compensation Cess) and 'Excise duty’ for the quarter and six monihs ended 30th September. 2026 are not comparable with other periods presented in these results. Balance Sheet (Zin Lakhs) Asat current | Asat previous Biriidiars halfyearend | year end 30092026 | 31-03-2026 (Unaudited) | (Audited) AASSETS 1. Non - Current Assets (a) Property, Plant and Equipment 22883 24416 (b) Capital Workein-Progress 43 I (©) Intangible Asscts 1 2 (d) Financial Assets (i) Tnvestments 14 14 (i) Loans 3 5 (2) Deferred Tax Assets (net) 4100 w15 () Other Non-Current Assets 339 342 Total Non - Current Asscts 27388] 29209) 2. Current Assets (a) Inventories 75699) 67497 (b) Financial Assets (i) Investments 59387 55853 (i) Trade Receivables 3959 4702 (iif) Cash and Cash Equivalents 769 2369 (iv) Other Bank Balances 1325 1095 (v) Loans 0 0 (¢) Other Current Assets 2713) 5985 143852 137501 (d) Assets Held for Sale 34873 34873 Total Current Assets 17875] 172574 TOTAL- ASSETS 206113 201583 B. EQUITY AND LIABILIT 1. Equity (1) Equity Sharo capital 16986 16986 (b) Other Equity 115617 127581 Total Equity 132603 144567 2. Linbilities Non - Current Liabilities (@) Provisions 2704 2519 Total Non - Current Liabili 2704 2519) Current Liabilities (a) Financial Liabilities (i) Trade Payables - Total outstanding dues of micra enterprises and small cnterprises 533 2 - Total outstanding ducs of creditors other than micro enterprises and small enterprises 9494 11707) i) Other Financial Liabilities $243) 464 (b) Other Current Liabilties 53676| 35011 (¢) Current Tax Liabilities (net) 1860 1643 Total Current Liabilities 70806) 54497 TAL - EQUITY AND LIABILITIES 206113 201583 8. Statemofe Cnasth Flows (Zin Lakhs) For the current | For the previous| half year ended | half year ended 30-09-2026 30-09-2025 (Unaudited) | (Unaudited) A Cash Flow from Operating Activities Profit Before Tax 1sg| 15440) Adjustments: Depreciation and Amortisation Expense 2199) Gain on sale of Property, Plant and Equipment (Net) (1409) Liabilities 1o Longer Required Written Back (566) - Share Based Payment Expense 165 162 Unrealised (Gain)Lososn Exchange (Net) % (127) Interest Income. 0 (649)| Dividend Income. & ®) Net gain arising on Current Investments measured at fai value through proafndi lotss (2058) alen) Operating Profit before Working Capital Changes 9585, 16019 Adjustments for Movement in Working Capital: Inventories (8201) (18208) Trade Receivables 603 355 Advances and Other Assets 3274 557) Trade Payables (2344) 915 Other Liabilities and Provisions 19255 10559 Cash generated from Operations 217 10197 Income Taxes Paid (N [Showing first 8,000 characters — download PDF for full document]