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.

Shares of V.S.T.Tillers Tractors Ltd. was last trading in BSE at Rs. 1990.4 as compared to the previous close of Rs. 1897.8. The total number of shares traded during the day was 5693 in over 1528 trades.

The stock hit an intraday high of Rs. 2030 and intraday low of 1914.8. The net turnover during the day was Rs. 11266913.

Source : Equity Bulls

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