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.