Commercial vehicle manufacturer VST Tillers Tractors announced Q2FY23 results: VST’s turnover during Q2FY23 is Rs 234.15 crore against Rs 233.46 crore during Q2FY22. The company’s EBITDA margin stood at Rs 40.56 Crore for Q2FY23, 16.73% on sales. The company’s Profit After Tax (PAT) for Q2FY23 stood at Rs 22.74 crore against 10.05 crore for Q1FY23, compared to Rs 32.15 crore in the corresponding quarter last year. VST has achieved a turnover of Rs 470.13 crore compared to Rs 427.06 crore during the corresponding H1FY22, an increase of 10.09%. Net profit stood at Rs 32.79 crore for H1FY23 compared to Rs.56.16 crore for H1FY22. Result PDF
Commercial Vehicles firm VST Tillers Tractors announced Q1FY23 Result : VST Tillers Tractors Ltd achieved highest ever Q1 turnover of Rs 235.98 Crore for the Quarter ended 30 th Jun 2022, Growth of 21.89% YoY. VST’s turnover during the quarter registered a 21.89 % rise to Rs 235.98 crore for Q1-FY23 against Rs 193.60 crore during the Q1-FY ‘22. The company’s operational EBITDA margin stood at Rs 23.73 crore decrease of 3.06% YoY, due to commodity pressure. The company’s Profit After Tax (PAT) for 1st quarter stood at Rs 10.05 crore, compared to Rs 24.01 Crore in the corresponding quarter last year. PAT was impacted by Rs 14.05 Cr due to mark to market of Investments. Result PDF
Commercial Vehicles firm VST Tillers Tractors declares Q4FY22 result: VST Tillers Tractors Ltd achieved EBIDTA of Rs 36.58 crore for the quarter ended 31st Mar 2022, growth of 65.67% YoY. 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 the 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 the 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. Result PDF
VST Tillers Tractors declares Q3FY22 result: VST Tillers Tractors achieved operational EBIDTA of Rs 30.25 Crore for the Quarter ended 31st Dec 2021, growth of 1.34% YoY, despite commodity pressure. VST’s turnover during the quarter registered a 2.75% rise to Rs 208.44 crore for Q3-FY22 against Rs 202.87 crore during the Q3-FY ‘21. The company’s operational EBITDA margin stood at Rs 30.25 crore, an increase of 1.34% over the corresponding quarter of last year, despite commodity pressure. The company’s Profit After Tax (PAT) for 3rd quarter stood at Rs 21.05 crore, compared to Rs 30.83 Crore in the corresponding quarter last year. YTD Dec 21, VST’s turnover increased by 11.59% to Rs 635.50 Crore, compared to Rs 569.50 Crore in the corresponding nine months FY ’21. The net profit stood at Rs 77.21 crore during YTD Dec 21, compared to Rs. 77.84 crore during the corresponding nine months of last financial year. The company’s operational EBIDTA margin saw an increase of 12.03 % to Rs 94.03 crore during the nine months of current financial year, against Rs. 83.93 Crore last year YTD Dec 20. Result PDF
Highlights: Profit After Tax (PAT) stood at Rs 32.15 crore, a 7.38 % rise when compared to the corresponding quarter last year. The company had reported Rs 29.94 crore net profit during the second quarter of the previous financial year. Turnover during the quarter registered a 5.93 % rise to Rs 233.46 crore as against Rs 220.39 crore during the Q2 FY21. The company’s EBITDA margin stood at Rs 48.98 crore, an increase of 7.37% over the corresponding quarter of last year. Earned a net profit of Rs 56.16 crore during FY22, when compared to Rs. 47.01 crore earned during the corresponding half year of last financial year, an increase of 19.46%. The company’s EBIDTA margin also saw an increase of 21% to Rs 86.18 crore during the first half year of the current financial year. EBIDTA was at Rs. 71.23 crore during the first half of FY21 Result PDF