VST Tillers Tractors reports PAT of Rs 24.01 crore for Q1 FY22, YoY rise of 40.7 %.
Highlights for Q1 FY 22 Results.
- Turnover of Rs 193.60 Cr. for Q1 FY 22. (P.Y. 146.24 Cr). Up by 32.39% YoY.
- PBT increased to Rs 31.20 Cr (P.Y. 20.92 Cr). Up by 49.14% YoY
- Reported PAT is Rs 24.01 Cr (P.Y Rs 17.07 Cr). Up by 40.7% YoY
- EBIDTA % increased to 18.11% compared to 16.47% P.Y.
Operating revenues of VST Tillers Tractors rose by 32.39 % to Rs 193.60 crore in the Q1 FY22 as against Rs 146.24 crore during the Q1 FY21. Company reported PAT was Rs 24.01 crore for Q1 FY22, YoY rise of 40.7 %. EBIDTA % during Q1 FY22 was 18.11%
During the quarter, VST TILLERS TRACTORS set up a precision implement division. To further bolster its position in the compact tractors segment, the company has initiated the launch of its New Generation Range of Tractors.
About VST Tillers Tractors Limited.
VST Tillers Tractors Limited. was established in the year 1967 by the VST Group of companies. With a legacy of more than 53 years, VST continues to drive farm mechanization and empowerment of Indian farmers. The organization is the largest Indian manufacturer of Tillers, 4WD Compact Tractor and amongst the leading producers of the other category Tractors, Engines, Transmission, Power Reaper and Precision Components.
VST also exports products to European, Asian and African markets. To further strengthen its product portfolio and offer world-class technology customized to match the needs of Indian customers, VST has entered into strategic alliances with Pubert from France for Power Weeders and Zetor from the Czech Republic for Tractors.
VST believes in leveraging electric, driver optional, and connected vehicle technologies to offer sustainable, productive, and profitable farming solutions and has made a strategic Investment in Monarch Tractor (Zimeno Inc) – Maker of the World’s First Fully Electric, Driver-Optional Smart Tractor.
Category
Read More Blogs
Faridabad, August 1st, 2021 : Escorts Ltd Agri Machinery Segment ( Farmtrac tractor , Powertrac tractor and Digitrac tractor ) in July 2021 sold 6,564 tractors, our highest ever July sales and registering a growth of 23.3 percent against 5,322 tractors sold...
Farm Equipment Segment Revenue of Rs 5,319 crores and PBIT of Rs 1,081 crores • The tractor industry witnessed strong demand growth (39%) during the quarter. The growth in company’s volume (48%) led to highest domestic market share in 8 quarters (41.8%)...
During July 2021 we can see that as our country is recovering from Covid 19 so is the tractor industry too. As of July 2021, the overall tractor sales have gone up to 82,388 units that were just 77,257 units in July...
Write Your Comment About VST Tillers Tractors reports PAT of Rs 24.01 crore for Q1 FY22, YoY rise of 40.7 %.
.webp&w=1920&q=75)
Top searching blogs about Tractors and Agriculture
03 Jul 2025
03 Jul 2025
03 Jul 2025
03 Jul 2025
03 Jul 2025
03 Jul 2025
03 Jul 2025
03 Jul 2025
04 Jul 2025
03 Jul 2025
31 Dec 2024
03 Jul 2025
03 Jul 2025
03 Jul 2025