VST Industries Ltd
NSE:VSTIND
Income Statement
Earnings Waterfall
VST Industries Ltd
Income Statement
VST Industries Ltd
| Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2013 | Sep-2013 | Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenue |
6 844
N/A
|
6 927
+1%
|
7 007
+1%
|
7 037
+0%
|
6 687
-5%
|
6 902
+3%
|
7 251
+5%
|
7 610
+5%
|
7 892
+4%
|
8 265
+5%
|
8 201
-1%
|
8 060
-2%
|
8 362
+4%
|
8 135
-3%
|
8 133
0%
|
8 324
+2%
|
8 831
+6%
|
12 787
+45%
|
16 195
+27%
|
19 636
+21%
|
22 613
+15%
|
22 366
-1%
|
19 308
-14%
|
16 265
-16%
|
13 586
-16%
|
10 595
-22%
|
11 310
+7%
|
11 898
+5%
|
11 841
0%
|
12 503
+6%
|
12 622
+1%
|
13 150
+4%
|
13 704
+4%
|
13 561
-1%
|
14 279
+5%
|
14 399
+1%
|
14 729
+2%
|
15 261
+4%
|
14 921
-2%
|
15 431
+3%
|
15 607
+1%
|
15 944
+2%
|
16 732
+5%
|
16 836
+1%
|
16 725
-1%
|
17 115
+2%
|
17 241
+1%
|
17 506
+2%
|
18 375
+5%
|
18 205
-1%
|
18 293
+0%
|
18 314
+0%
|
18 094
-1%
|
17 997
-1%
|
17 890
-1%
|
18 103
+1%
|
|
| Gross Profit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(3 150)
|
(3 130)
|
(3 275)
|
(3 384)
|
(3 296)
|
(3 410)
|
(3 603)
|
(3 764)
|
(3 940)
|
(3 902)
|
(3 766)
|
(3 731)
|
(4 083)
|
(3 881)
|
(3 930)
|
(3 958)
|
(4 444)
|
(8 165)
|
(11 556)
|
(15 012)
|
(18 189)
|
(17 895)
|
(14 734)
|
(11 594)
|
(9 777)
|
(5 534)
|
(5 959)
|
(6 418)
|
(6 490)
|
(6 735)
|
(6 769)
|
(6 994)
|
(7 310)
|
(7 333)
|
(7 928)
|
(8 128)
|
(8 561)
|
(8 941)
|
(8 630)
|
(8 971)
|
(9 125)
|
(9 010)
|
(9 750)
|
(9 964)
|
(10 291)
|
(10 478)
|
(10 676)
|
(11 066)
|
(11 721)
|
(11 752)
|
(11 895)
|
(11 934)
|
(12 389)
|
(11 991)
|
(11 876)
|
(11 904)
|
|
| Gross Profit |
3 694
N/A
|
3 797
+3%
|
3 733
-2%
|
3 653
-2%
|
3 391
-7%
|
3 492
+3%
|
3 648
+4%
|
3 845
+5%
|
3 952
+3%
|
4 363
+10%
|
4 435
+2%
|
4 329
-2%
|
4 278
-1%
|
4 254
-1%
|
4 204
-1%
|
4 366
+4%
|
4 387
+0%
|
4 622
+5%
|
4 638
+0%
|
4 624
0%
|
4 424
-4%
|
4 471
+1%
|
4 574
+2%
|
4 671
+2%
|
3 809
-18%
|
5 060
+33%
|
5 351
+6%
|
5 480
+2%
|
5 351
-2%
|
5 768
+8%
|
5 853
+1%
|
6 156
+5%
|
6 394
+4%
|
6 228
-3%
|
6 351
+2%
|
6 271
-1%
|
6 168
-2%
|
6 320
+2%
|
6 291
0%
|
6 460
+3%
|
6 482
+0%
|
6 934
+7%
|
6 982
+1%
|
6 873
-2%
|
6 434
-6%
|
6 637
+3%
|
6 565
-1%
|
6 441
-2%
|
6 654
+3%
|
6 453
-3%
|
6 398
-1%
|
6 381
0%
|
5 705
-11%
|
6 006
+5%
|
6 014
+0%
|
6 199
+3%
|
|
| Operating Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(1 773)
|
(2 010)
|
(1 989)
|
(1 976)
|
(1 795)
|
(1 956)
|
(2 039)
|
(2 114)
|
(1 995)
|
(2 167)
|
(2 177)
|
(2 215)
|
(2 169)
|
(2 341)
|
(2 396)
|
(2 389)
|
(2 323)
|
(2 397)
|
(2 410)
|
(2 398)
|
(2 313)
|
(2 391)
|
(2 300)
|
(2 272)
|
(1 261)
|
(2 206)
|
(2 321)
|
(2 385)
|
(2 233)
|
(2 472)
|
(2 467)
|
(2 559)
|
(2 665)
|
(2 653)
|
(2 606)
|
(2 601)
|
(2 412)
|
(2 613)
|
(2 653)
|
(2 716)
|
(2 667)
|
(2 917)
|
(3 078)
|
(3 110)
|
(2 909)
|
(3 197)
|
(3 285)
|
(3 410)
|
(3 503)
|
(3 643)
|
(3 719)
|
(3 753)
|
(3 362)
|
(3 643)
|
(3 553)
|
(3 590)
|
|
| Selling, General & Administrative |
(792)
|
(635)
|
(647)
|
(651)
|
(837)
|
(629)
|
(648)
|
(670)
|
(1 484)
|
(726)
|
(736)
|
(754)
|
(1 582)
|
(778)
|
(776)
|
(791)
|
(1 752)
|
(806)
|
(860)
|
(867)
|
(1 620)
|
(909)
|
(881)
|
(880)
|
(528)
|
(909)
|
(934)
|
(963)
|
(1 407)
|
(947)
|
(959)
|
(1 023)
|
(1 781)
|
(1 058)
|
(1 092)
|
(1 081)
|
(1 698)
|
(1 173)
|
(1 163)
|
(1 158)
|
(1 986)
|
(1 144)
|
(1 164)
|
(1 185)
|
(2 270)
|
(1 203)
|
(1 233)
|
(1 259)
|
(2 782)
|
(1 359)
|
(1 380)
|
(1 400)
|
(2 684)
|
(1 355)
|
(1 332)
|
(1 340)
|
|
| Depreciation & Amortization |
(249)
|
(252)
|
(256)
|
(261)
|
(226)
|
(230)
|
(235)
|
(253)
|
(266)
|
(282)
|
(301)
|
(300)
|
(319)
|
(326)
|
(316)
|
(310)
|
(310)
|
(311)
|
(328)
|
(355)
|
(369)
|
(381)
|
(389)
|
(386)
|
(392)
|
(391)
|
(406)
|
(413)
|
(413)
|
(414)
|
(399)
|
(401)
|
(418)
|
(413)
|
(409)
|
(401)
|
(351)
|
(326)
|
(308)
|
(292)
|
(301)
|
(309)
|
(310)
|
(306)
|
(302)
|
(311)
|
(330)
|
(356)
|
(381)
|
(401)
|
(420)
|
(431)
|
(445)
|
(462)
|
(474)
|
(502)
|
|
| Other Operating Expenses |
(732)
|
(1 123)
|
(1 086)
|
(1 064)
|
(732)
|
(1 098)
|
(1 156)
|
(1 191)
|
(246)
|
(1 159)
|
(1 140)
|
(1 162)
|
(267)
|
(1 237)
|
(1 303)
|
(1 289)
|
(261)
|
(1 280)
|
(1 223)
|
(1 176)
|
(324)
|
(1 101)
|
(1 030)
|
(1 005)
|
(341)
|
(906)
|
(982)
|
(1 010)
|
(413)
|
(1 111)
|
(1 109)
|
(1 135)
|
(467)
|
(1 181)
|
(1 105)
|
(1 120)
|
(364)
|
(1 114)
|
(1 182)
|
(1 267)
|
(380)
|
(1 463)
|
(1 605)
|
(1 618)
|
(338)
|
(1 683)
|
(1 722)
|
(1 795)
|
(340)
|
(1 882)
|
(1 920)
|
(1 923)
|
(233)
|
(1 827)
|
(1 748)
|
(1 748)
|
|
| Operating Income |
1 921
N/A
|
1 787
-7%
|
1 744
-2%
|
1 678
-4%
|
1 596
-5%
|
1 536
-4%
|
1 609
+5%
|
1 732
+8%
|
1 957
+13%
|
2 196
+12%
|
2 258
+3%
|
2 114
-6%
|
2 109
0%
|
1 913
-9%
|
1 808
-5%
|
1 977
+9%
|
2 064
+4%
|
2 225
+8%
|
2 228
+0%
|
2 226
0%
|
2 111
-5%
|
2 081
-1%
|
2 274
+9%
|
2 399
+6%
|
2 548
+6%
|
2 855
+12%
|
3 030
+6%
|
3 095
+2%
|
3 118
+1%
|
3 296
+6%
|
3 386
+3%
|
3 597
+6%
|
3 729
+4%
|
3 575
-4%
|
3 745
+5%
|
3 670
-2%
|
3 755
+2%
|
3 707
-1%
|
3 637
-2%
|
3 745
+3%
|
3 815
+2%
|
4 017
+5%
|
3 903
-3%
|
3 763
-4%
|
3 525
-6%
|
3 440
-2%
|
3 281
-5%
|
3 031
-8%
|
3 151
+4%
|
2 810
-11%
|
2 679
-5%
|
2 628
-2%
|
2 343
-11%
|
2 363
+1%
|
2 461
+4%
|
2 609
+6%
|
|
| Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
41
|
0
|
0
|
0
|
93
|
0
|
0
|
0
|
114
|
0
|
0
|
0
|
166
|
0
|
0
|
0
|
187
|
0
|
0
|
0
|
189
|
0
|
0
|
0
|
222
|
0
|
0
|
0
|
379
|
0
|
0
|
0
|
461
|
0
|
0
|
0
|
353
|
0
|
0
|
0
|
399
|
0
|
0
|
0
|
582
|
0
|
0
|
0
|
421
|
0
|
0
|
0
|
321
|
0
|
0
|
0
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1 005
|
1 005
|
1 005
|
1 005
|
(0)
|
|
| Gain/Loss on Disposition of Assets |
52
|
0
|
0
|
0
|
25
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
17
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
7
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
27
|
0
|
0
|
0
|
6
|
0
|
0
|
0
|
|
| Total Other Income |
93
|
270
|
223
|
218
|
126
|
256
|
263
|
236
|
167
|
295
|
320
|
338
|
13
|
200
|
206
|
212
|
9
|
213
|
200
|
199
|
8
|
197
|
195
|
202
|
8
|
273
|
329
|
368
|
9
|
436
|
454
|
472
|
10
|
472
|
496
|
478
|
65
|
394
|
350
|
355
|
60
|
488
|
715
|
778
|
182
|
771
|
734
|
661
|
349
|
766
|
553
|
545
|
21
|
365
|
405
|
416
|
|
| Pre-Tax Income |
2 107
N/A
|
2 057
-2%
|
1 967
-4%
|
1 895
-4%
|
1 841
-3%
|
1 792
-3%
|
1 872
+4%
|
1 967
+5%
|
2 240
+14%
|
2 490
+11%
|
2 578
+4%
|
2 451
-5%
|
2 288
-7%
|
2 113
-8%
|
2 014
-5%
|
2 190
+9%
|
2 266
+3%
|
2 438
+8%
|
2 428
0%
|
2 425
0%
|
2 309
-5%
|
2 278
-1%
|
2 470
+8%
|
2 602
+5%
|
2 795
+7%
|
3 127
+12%
|
3 360
+7%
|
3 463
+3%
|
3 507
+1%
|
3 733
+6%
|
3 840
+3%
|
4 069
+6%
|
4 203
+3%
|
4 047
-4%
|
4 241
+5%
|
4 147
-2%
|
4 173
+1%
|
4 101
-2%
|
3 987
-3%
|
4 100
+3%
|
4 282
+4%
|
4 505
+5%
|
4 618
+3%
|
4 541
-2%
|
4 289
-6%
|
4 211
-2%
|
4 015
-5%
|
3 692
-8%
|
3 947
+7%
|
3 576
-9%
|
3 232
-10%
|
4 178
+29%
|
3 696
-12%
|
3 733
+1%
|
3 870
+4%
|
3 025
-22%
|
|
| Net Income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(681)
|
(669)
|
(639)
|
(613)
|
(578)
|
(564)
|
(595)
|
(637)
|
(738)
|
(828)
|
(860)
|
(817)
|
(766)
|
(714)
|
(676)
|
(745)
|
(735)
|
(779)
|
(779)
|
(772)
|
(794)
|
(802)
|
(861)
|
(910)
|
(976)
|
(1 094)
|
(1 195)
|
(1 241)
|
(1 238)
|
(1 320)
|
(1 236)
|
(1 204)
|
(1 162)
|
(1 006)
|
(1 078)
|
(1 061)
|
(1 065)
|
(1 046)
|
(1 018)
|
(1 041)
|
(1 080)
|
(1 135)
|
(1 126)
|
(1 086)
|
(1 019)
|
(976)
|
(942)
|
(872)
|
(931)
|
(862)
|
(801)
|
(922)
|
(792)
|
(804)
|
(825)
|
(739)
|
|
| Income from Continuing Operations |
1 425
|
1 388
|
1 328
|
1 282
|
1 262
|
1 229
|
1 277
|
1 330
|
1 502
|
1 663
|
1 718
|
1 634
|
1 522
|
1 399
|
1 338
|
1 445
|
1 531
|
1 659
|
1 649
|
1 653
|
1 515
|
1 476
|
1 608
|
1 691
|
1 819
|
2 033
|
2 165
|
2 221
|
2 268
|
2 413
|
2 605
|
2 865
|
3 041
|
3 041
|
3 163
|
3 086
|
3 108
|
3 055
|
2 969
|
3 059
|
3 202
|
3 369
|
3 492
|
3 455
|
3 270
|
3 235
|
3 073
|
2 821
|
3 016
|
2 714
|
2 431
|
3 256
|
2 904
|
2 929
|
3 046
|
2 286
|
|
| Net Income (Common) |
1 425
N/A
|
1 388
-3%
|
1 328
-4%
|
1 282
-3%
|
1 262
-2%
|
1 229
-3%
|
1 277
+4%
|
1 330
+4%
|
1 502
+13%
|
1 663
+11%
|
1 718
+3%
|
1 634
-5%
|
1 522
-7%
|
1 399
-8%
|
1 338
-4%
|
1 445
+8%
|
1 531
+6%
|
1 659
+8%
|
1 649
-1%
|
1 653
+0%
|
1 515
-8%
|
1 476
-3%
|
1 608
+9%
|
1 691
+5%
|
1 819
+8%
|
2 033
+12%
|
2 165
+6%
|
2 221
+3%
|
2 268
+2%
|
2 413
+6%
|
2 605
+8%
|
2 865
+10%
|
3 041
+6%
|
3 041
+0%
|
3 163
+4%
|
3 086
-2%
|
3 108
+1%
|
3 055
-2%
|
2 969
-3%
|
3 059
+3%
|
3 202
+5%
|
3 369
+5%
|
3 492
+4%
|
3 455
-1%
|
3 270
-5%
|
3 235
-1%
|
3 073
-5%
|
2 821
-8%
|
3 016
+7%
|
2 714
-10%
|
2 431
-10%
|
3 256
+34%
|
2 904
-11%
|
2 929
+1%
|
3 046
+4%
|
2 286
-25%
|
|
| EPS (Diluted) |
95
N/A
|
90.12
-5%
|
86.24
-4%
|
83.27
-3%
|
84.13
+1%
|
79.77
-5%
|
82.92
+4%
|
86.36
+4%
|
100.13
+16%
|
107.95
+8%
|
111.52
+3%
|
106.11
-5%
|
101.46
-4%
|
90.85
-10%
|
86.85
-4%
|
93.83
+8%
|
102.06
+9%
|
107.73
+6%
|
107.77
+0%
|
107.3
0%
|
101
-6%
|
95.86
-5%
|
104.43
+9%
|
109.83
+5%
|
121.26
+10%
|
132.03
+9%
|
140.55
+6%
|
144.24
+3%
|
151.19
+5%
|
156.67
+4%
|
169.13
+8%
|
186.04
+10%
|
202.73
+9%
|
197.48
-3%
|
205.41
+4%
|
200.37
-2%
|
201.27
+0%
|
197.84
-2%
|
192.28
-3%
|
198.06
+3%
|
18.85
-90%
|
218.2
+1 058%
|
226.14
+4%
|
223.73
-1%
|
19.25
-91%
|
209.52
+988%
|
199.02
-5%
|
16.61
-92%
|
17.75
+7%
|
15.98
-10%
|
14.31
-10%
|
19.17
+34%
|
17.1
-11%
|
17.22
+1%
|
17.93
+4%
|
13.46
-25%
|
|