The latest update is out from VST Tillers Tractors Limited ( (IN:VSTTILLERS) ).
VST Tillers Tractors Limited announced a 29% increase in Q3 revenue, reaching Rs 219.10 Cr compared to Rs 169.96 Cr in the same quarter last year. Despite the revenue growth, the company faced an 81% decrease in profit before taxes due to mark-to-market losses on investments, contrasting with a profit in the same period last year. Year-to-date figures show a slight decline in turnover and net profit compared to the previous year, reflecting ongoing financial challenges.
More about VST Tillers Tractors Limited
VST Tillers Tractors Limited, established in 1967 by the VST Group, is India’s leading farm equipment manufacturer. It is renowned for being the largest Indian manufacturer of tillers and 4WD compact tractors, and is a key player in the production of tractors, engines, transmission, power reapers, and precision components. VST also exports its products to European, Asian, and African markets.
YTD Price Performance: -17.99%
Average Trading Volume: 340
Current Market Cap: 37.36B INR
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