Enter your city for weather info

Invalid City Name

rain icon
Temperature 22°C
Status Clear
City New York
4-Day Forecast
Humidity icon

50%

Humidity

wind icon

15 km/h

Wind Speed

Please Enter OTP For Tractor Price कृपया ट्रैक्टर की कीमत के लिए ओटीपी दर्ज करें
Enquiry icon
Enquiry Form

VST Tillers Tractors Ltd. Records Impressive 65% Growth in Net Profit in the Nine Months of FY24

VST Tillers Tractors Ltd. Records Impressive 65% Growth in Net Profit in the Nine Months of FY24

    VST Tillers Tractors Ltd. Records Impressive 65% Growth in Net Profit in the Nine Months of FY24

02 Feb, 2024

Bengaluru, 2 February’ 2024: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, announced their Quarter 3 and Nine-month results for the financial year 2023-24.

For Nine months, VST has achieved a turnover of Rs 694.61 Crore compared to Rs 683.82 Crore during the corresponding period of the previous financial year, an increase of 1.60%. Earnings before interest, taxes, depreciation & amortization (EBIDTA) rose by 45% to Rs 134.5 Cr compared to Rs 92.4 Cr during the same nine-month period of the previous year. Net profit stood at Rs 86.39 crore for YTD Dec 23 compared to Rs.52.22 crore YTD Dec 22 with a growth of 65%.

vst tillers tractors

For the quarter, VST reported a turnover of Rs. 169.96 crores. The company’s earnings before interest, taxes, depreciation & amortization (EBITDA) stood at Rs 27.70 crore for Quarter 3, which is 14.7 % of total revenue. In the previous year Q3, the EBITDA margin was 14.6%.

The company has also registered growth of 38% in the export of tractors for nine months of FY24. The joint venture entity, VST Zetor Pvt Ltd., between the company and HTC Investments a.s (owner of the brand “Zetor”) commenced operations in the quarter. 

VST Tillers Tractors Month Wise Sales in FY'24

FY'24 Power Tillers Tractors
April 2023 1790 412
May 2023 3319 437
June 2023 4016 622
July 2023 5021 485
August 2023 3616 421
September 2023 2092 535
October 2023 1220 289
November 2023 1801 295
December 2023 2039 395
January 2024 3820 326

About VST Tillers Tractors

VST Tillers Tractors Limited (VST) is India’s leading farm equipment manufacturer. VST was established in the year 1967 by the VST Group of companies. With a legacy of more than 55 years, VST continues to drive farm mechanization and empowerment of Indian farmers. The organization is the largest Indian manufacturer of Tillers, and 4WD Compact Tractors, and amongst the leading producers of the other category of Tractors, Engines, Transmission, Power Reaper, and Precision Components. VST also exports products to European, Asian, and African markets. 

https://images.tractorgyan.com/uploads/111470/65bb79bf62c90-vst-january-2024-sales.jpg VST Sales January 2024: VST Sold 3820 Power Tillers and 326 Tractors in Jan’24
VST is India’s leading power tiller and tractor manufacturer and is best known for offering technologically- advanced features in all its product rang...
https://images.tractorgyan.com/uploads/111478/65bc88fe0b60f-sonalika-tractor-sales-report-for-january-2024.jpg Sonalika Tractor Sales Hit a New Milestone with the Highest Ever Market Share (Dom+Exp) in January 2024
Sonalika Tractors has announced its January 2024 tractor sales data. The company closed the first month of 2024 with an impressive Sonalika tractor sa...
https://images.tractorgyan.com/uploads/111481/65bc8f1062f03-sonalika-tractor-sales-in-january-2024.jpg सोनालीका ने जनवरी 2024 में दर्ज की ट्रैक्टर सेल्स में अब तक की सबसे अधिक बाजार हिस्सेदारी (घरेलू+निर्यात)!
सोनालिका ने जनवरी 2024 में ट्रैक्टर बिक्री में नई ऊँचाई हासिल की, 9,769 यूनिट्स के साथ। कंपनी ने देशी और विदेशी बाजारों में 15.6% हिस्सेदारी प्राप्त क...

Top searching blogs about Tractors and Agriculture

Top 10 Tractor brands in india To 10 Agro Based Indutries in India
Rabi Crops and Zaid Crops seasons in India Commercial Farming
DBT agriculture Traditional and Modern Farming
Top 9 mileage tractor in India Top 5 tractor tyres brands
Top 11 agriculture states in India top 13 powerful tractors in india
Tractor Subsidy in India Top 10 tractors under 5 Lakhs
Top 12 agriculture tools in India 40 Hp-50 Hp Tractors in India

review Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

Popular Posts

https://images.tractorgyan.com/uploads/113933/669a4b8101afa-what-farmers-can-expect-from-union-budget-2024.jpg

क्या-क्या गुड न्यूज़ लेकर आ सकता है यूनियन बजट 2024 किसानों के लिए?

संसद के मानसून सत्र के दौरान 23 जुलाई 2024 को वित्त मंत्री निर्मला सीतारमण मोदी सरकार 3.0 के लिए यून...

https://images.tractorgyan.com/uploads/113918/669a031adb710-solis-tractors-the-most-powerful-multi-speed-tractor-in-india.jpg

What Makes Solis Tractors the Most Powerful Multi-Speed Tractor in India?

Solis Tractors needs no introduction as this tractor manufacturing brand has managed to become &lsqu...

https://images.tractorgyan.com/uploads/113823/6692222f0f3c2-vst-zetor-introduced-tractors-in gujarat.jpg

VST Zetor Introduced Tractors in Gujarat

12 July 2024: VST Zetor range of tractors, jointly developed by VST Tillers Tractors Ltd and HT...

Select Language

tractorgyan offeringsTractorGyan Offerings