Stock Report

VST Tillers Tractors Ltd achieves EBIDTA of Rs 36.58 Crore for Q4FY22



Posted On : 2022-05-09 21:04:23( TIMEZONE : IST )

VST Tillers Tractors Ltd achieves EBIDTA of Rs 36.58 Crore for Q4FY22

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.

Shares of V.S.T Tillers Tractors Limited was last trading in BSE at Rs. 2654.00 as compared to the previous close of Rs. 2575.60. The total number of shares traded during the day was 1307 in over 347 trades.

The stock hit an intraday high of Rs. 2750.00 and intraday low of 2500.00. The net turnover during the day was Rs. 3429390.00.

Source : Equity Bulls

Keywords

VSTTillersTractors INE764D01017 Q4FY22 FY2022 ResultUpdate