Press Release

VST Industries Limited 28th July, 2026 The General Manager The Manager Listing Department Listing Department BSE Limited National Stock Exchange 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 – Press Release Further to our letter dated 28th July, 2026 enclosing the Unaudited Financial Results of the Company for the quarter ended 30th June, 2026, we enclose a copy of the Press Release being issued by the Company on the Company’s financial performance for the aforesaid period. Yours faithfully For VST INDUSTRIES LIMITED PHANI K. MANGIPUDI Company Secretary and 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 PRESS RELEASE Date: 28 July 2026 Quarterly performance was underwhelming due to an extraordinary tax increase Net Revenue went down by 13% at Rs. 256 crores vs 296 crores PAT down by 25% at Rs.42 crores vs 56 crore VST Industries, an entity with a presence of over nine decades in the manufacture and distribution of cigarettes with a strong focus on innovation, brand building and distribution, today announced its financial results for the quarter ended June 30, 2026. Financial Performance: Particulars (Rs. Crore) Q1FY27 Q1FY26 Q4FY26 QoQ (%) Cigarette Volume (average per month in mn) 611 714 667 -14.4 Revenue from Operations: Cigarette (net of excise duty) 216 255 399 -15.3 Unmanufactured Tobacco 40 41 58 Net Revenue 256 296 457 -13.5 EBITDA 50 77 208 -35.0 EBITDA Margin (%) 19.5 26.0 45.5 -650bps Profit after Tax 42.4 56.1 116.7 -24.4 Note: With effect from 1st 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 resulting in incidence of tax on cigarettes increasing by about 50% on average. Commenting on the performance of the company Piyush Srivastava, Managing Director, said, “Given the extraordinary tax increases, a challenging year awaits us. We are adopting a measured pricing approach across our brands to help protect our consumer base. However, growth of illicit trade remains a significant threat to the industry. We are focused on recovering volumes by strengthening our brand portfolio and disciplined in-market execution. In our unmanufactured tobacco business, ongoing geopolitical instability in the Middle East continues to weigh on growth. We remain steadfast in our commitment to creating superior value for consumers and stakeholders." P. O. Box no. 1804, Azamabad, Hyderabad – 500 020, Telangana, India, Tel.: 040 2768 8000 About VST Limited VST Industries Limited was incorporated in 1930 under its erstwhile name of The Vazir Sultan Tobacco Company Limited. The Company is a leading player in the manufacture and distribution of cigarettes and tobacco leaf. Its products are available across 10 lakh retail outlets in India translating to an over 80% market penetration. Two of its brands, namely Total and Editions are recognized amongst the Top 10 cigarette brands in the country. The Company currently indents over 20,000+ tonnes of tobacco and interacts with more than 15,000 farmers. VST Industries is strongly committed to sustainability and in this regard conducts several projects in the locations it is present in encouraging the adoption of renewable and sustainable resources. The Company’s manufacturing facility is located at Toopran (Telangana). For further information on the Company, please visit www.vsthyd.com Anish Gupta Phani Kumar Mangipudi CFO Company Secretary & VP - Legal Tel: +91 040- 27688226 Tel: +91 040- 27688437 Email: investors@vstind.com DISCLAIMER: Certain statements that may be made or discussed at the conference call may be forward-looking statements. Such forward- looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, import duties, litigation, labour relations etc. Actual results might differ substantially from those expressed or implied. VST Industries Ltd will not be in any way responsible for any action taken based on such statements and discussions; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. P. O. Box no. 1804, Azamabad, Hyderabad – 500 020, Telangana, India, Tel.: 040 2768 8000