Discover and read the best of Twitter Threads about #VSTIndustries

Most recents (3)

1/ Here’s all you need to know about the #Budget2023: Finance Minister Nirmala Sitharaman’s final Budget before General Elections 2024

A thread 🧵 #BudgetSession2023
2/ Economy

FM Sitharam lowered the fiscal deficit target to 5.9% in FY25 (vs 6.4% currently). This is positive for the Indian economy as it would strengthen the Govt’s finances and increase private sector investment.
3/ Capex
FM raised capital investment outlay by 33% to Rs 10 lakh cr in FY24, representing 3.3% of the GDP. This is positive for a host of sectors like capital goods, engineering, cement, and metal.
Read 12 tweets

Key Insights from VST Industries FY2019-20 Annual Report:

(1) Company’s new age brands, especially ‘Total’, have contributed significantly in increasing the overall volume base in existing and new markets.
(2) Heritage trademarks such as Red Charms and Red Special continue to deliver a strong performance in their respective geographies.
(3) The manufacturing operations of the Company had to be suspended between the later part of March, 2020
and the second week of May, 2020
(4) LEAF Tobacco- Company’s leaf function has registered a strong performance by procuring quality tobaccos for own manufacturing in line with the increasing volumes. By leveraging its expertise in all varieties of tobaccos, it continues its domestic sales in addition to exports.
Read 10 tweets

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