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"It's a very serious problem and one that we don't want to see here

These effects are likely to be substantial given the extensive size of the nicotine black market and the recent escalation in criminal penalties legislated by governments, including in Victoria up to 15 years imprisonment for the supply of illicit tobacco [10]

Tobacco companies began aggressively protecting their trademarksnot to help candy companies, but to distance themselves from the scandal

The company saw EBITDA (earnings before interest, taxes, depreciation, and amortisation) grow 37.4% YoY to 255 crore in FY25, while PAT (profit after tax) rose 62.9% to 230 crore