VST Tillers Tractors Ltd achieved EBIDTA of Rs 36.58 Crore, Growth of 65.67% YoY

Bengaluru, 09 May 2022:

VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced their 4th Quarter results for the financial year 2021-22.

VST’s turnover during the quarter registered a 12.13 % rise to Rs 218.36 crore for Q4-FY22 against Rs 194.74 crore during the Q4-FY ‘21. The company’s operational EBITDA margin stood at Rs 30.15 crore a growth of 285.07% YOY, despite commodity pressure.

The company’s Profit After Tax (PAT) for 4th quarter stood at Rs 22.10 crore, compared to Rs 12.93 Crore in the corresponding quarter last year.

For FY 22, VST achieved highest ever turnover of Rs 853.86 Crore, an increased by 11.73%, compared to Rs 764.24 Crore in FY ’21. The net profit stood at Rs 99.31 crore for FY 22, compared to Rs. 90.78 crore of last financial year. The company’s operational EBIDTA margin saw an increase of 35.33 % to Rs 124.18 crore for the current financial year, against Rs. 91.76 Crore last year.

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