VST Tillers Tractors Ltd reported 29% growth in Q3 Revenue
10 February 2025, New Delhi: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced their financial results for the quarter and nine month ended Dec 31, 2024.
For the third Quarter, VST achieved the turnover of Rs 219.10 Cr, up of 29% from Rs 169.96 Cr in the Third quarter of last year. The operational EBIDTA is 19.55 Cr, up of 104% from 9.54 Cr in the Third quarter of last year. The profit before taxes is Rs 3.84 Cr, down by 81% against Rs 20.33 Cr in the same period of the previous year in the Third quarter. The drop in profit before tax in Q3 is due to mark-to-market losses on investments of Rs 11.04 crores as against Rs 15.42 Cr profit in the Q3 of last year.
On a year-to-date basis, the turnover is Rs 693.12 Cr, compared to Rs 694.61Cr for same period of last year. The PBT (profit before taxes) is Rs 89.32 Cr as compared to Rs 112.58 Cr of last year. PAT (Net profit) stood at Rs 69.49 Cr as against Rs 86.39 Cr last year.
Also Read: John Deere Introduces Round Baling Automation to Steer Hay and Forage Operations to a New Level of Efficiency and Quality
📢 Reach Farmers, Share Your Story, and Grow Your Brand!
Got news to share? A company story to highlight? Looking to launch an impactful advertising campaign? Connect with us at info@krishakjagat.org or nimishgangrade@krishakjagat.org and make your mark!
📢 Connect with 100+ Million Farmers! India’s leading farmers rely on Krishak Jagat’s Hindi website for trusted agriculture news, advisory and insights. Click here to explore!
