VSTIND2024-01-012024-03-31 VSTIND2024-01-012024-03-31 VSTIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member VSTIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member VSTIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member VSTIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member VSTIND2024-03-31 VSTIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VSTIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member VSTIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member VSTIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 509966 VSTIND NOTLISTED VST Industries Limited Equity 2023-04-01 2024-03-31 2024-04-26 2024-04-17 INR Lakhs Yearly 14:00:00 16:25:00 2024-04-26 2024-04-26 true Cash Flow Indirect Declaration of unmodified opinion Single segment Tobacco and Related Products 2024-01-01 2024-03-31 Audited Standalone 4759800000.00 295300000.00 5055100000.00 2028100000.00 0.00 -88400000.00 340600000.00 0.00 109100000.00 1513600000.00 3903000000.00 1152100000.00 0.00 1152100000.00 199100000.00 71000000.00 270100000.00 0.00 882000000.00 0.00 0.00 0.00 0.00 882000000.00 8900000.00 890900000.00 0.00 0.00 154400000.00 10 57.11 57.11 0.00 0.00 57.11 57.11 Notes: 1. The above mentioned results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th April, 2024. 2. The financial results of the Company have been prepared in accordance with Indian Accounting Standards (Ind AS) notified under Section 133 of the Companies Act, 2013 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 5th July, 2016. 3. The Company has reassessed its liabilities relating to ongoing indirect tax disputes for earlier years upon settlement done under amnesty scheme and finally reached in various such matter(s). Accordingly, the Company has been written back a sum of Rs. 1499 Lakhs for the quarter ended 31st March, 2024 and Rs. 3357 Lakhs for the year ended 31st March, 2024 (2023: Rs. 1751 Lakhs) and disclosed the same under head Other Income in the above Financial Results. 4. The figures for the quarter ended 31st March, 2024 and 31st March, 2023 are the balancing figures between the audited figures in respect of the full financial year and the published unaudited year to date figures upto the third quarter of the respective financial years. 7. The above results of the Company have been audited by the Statutory Auditors, who have issued an unqualified audit report 8. 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. 9. The Board of Directors recommend dividend for the financial year 2023-24 - Rs. 150/- (2022-2023- Rs. 150/-) per Equity Share of Rs. 10 each. The Payment is subject to approval of the shareholders at the ensuing Annual General Meeting of the Company. Single segment 2023-04-01 2024-03-31 Audited Standalone 18375000000.00 796000000.00 19171000000.00 7841500000.00 0.00 -293100000.00 1299600000.00 0.00 381100000.00 5995000000.00 15224100000.00 3946900000.00 0.00 3946900000.00 901400000.00 29800000.00 931200000.00 0.00 3015700000.00 0.00 0.00 0.00 0.00 3015700000.00 10400000.00 3026100000.00 0.00 0.00 154400000.00 10 12369800000.00 195.29 195.29 0.00 0.00 195.29 195.29 Excise Duty 1009200000.00 Other Expenses 504400000.00 Excise Duty 4170300000.00 Other Expenses 1824700000.00 2682000000.00 469600000.00 0.00 800000.00 2001100000.00 400000.00 2001500000.00 150400000.00 14500000.00 5318800000.00 4549900000.00 2470200000.00 464000000.00 243900000.00 107700000.00 100000.00 28100000.00 3314000000.00 530900000.00 8394800000.00 3487300000.00 17200900000.00 154400000.00 12369800000.00 12524200000.00 12524200000.00 0.00 0.00 216400000.00 216400000.00 0.00 1183000000.00 482100000.00 1665100000.00 2595400000.00 0.00 199800000.00 4460300000.00 4676700000.00 17200900000.00 During teh current year, the Company has initiated shifting of its manufacturing operations from Azamabad Industrial Area to its own existing manufacturing facility at Toopran, Telangana to derive operational synergies through consolidation. Consequently, the Company has initiated the process to monetize the Azamabad property including land & buildings therein. These are expected to be completed in financial year 2024-2025. Accordingly, these have now been classfied as Asset Held for Sale 0.00 -1056600000.00 -31000000.00 0.00 0.00 0.00 0.00 -118600000.00 0.00 215200000.00 0.00 0.00 0.00 381100000.00 -335700000.00 -1600000.00 0.00 0.00 0.00 -3600000.00 700000.00 129700000.00 18100000.00 -278100000.00 0.00 -26700000.00 0.00 0.00 0.00 -1367900000.00 2579000000.00 0.00 0.00 0.00 908800000.00 0.00 1670200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26800000.00 943400000.00 0.00 27465200000.00 0.00 0.00 0.00 0.00 29029500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 700000.00 144800000.00 0.00 0.00 0.00 793200000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2307700000.00 0.00 0.00 0.00 -2307700000.00 155700000.00 0.00 155700000.00 88200000.00 243900000.00 items that will not be reclassified to profit ur loss 9200000.00 items that will not be reclassified to profit ur loss 12200000.00 9200000.00 12200000.00 -1100000.00 1400000.00 items that will be reclassified to profit ur loss -1100000.00 items that will be reclassified to profit ur loss -500000.00 -1100000.00 -500000.00 300000.00 -100000.00