ICICI Securities Ltd | Retail Equity Research VST Tillers & Tractors (VST) reported a muted performance in Q1FY19, primarily tracking ~25% de-growth in sales volume Power tiller sales volume in Q1FY19 came in at 5,367, down 24.6% YoY while tractor sales volume was at 1,927, down 24.6% YoY Net sales in Q1FY19 came in at | 145.6 crore, down 19.6% YoY EBITDA in Q1FY19 was at | 18.5 crore, with corresponding EBITDA margins at 12.7%. Margins came in lower tracking negative operating...