VST Tillers Tractors Q1 profit rises 9.36% to ₹48.73 crore
VST Tillers Tractors reported steady Q1 results with profit up 9.36% and revenue up 11% despite supply disruptions and commodity inflation pressure, while EBITDA margin held at 12.85%. Unit sales were mixed: strong growth in power tillers and weeders offset weaker exports and a sharp drop in power reapers. The update is company-specific and unlikely to shift broader risk sentiment.
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VST Tillers Tractors Ltd reported a 9.36% year-on-year increase in net profit to ₹48.73 crore for the quarter ended June. Revenue from operations rose 11% to ₹313.4 crore. Operating EBITDA increased 7.5% to ₹40.29 crore, with an operating EBITDA margin of 12.85%. Power tiller sales climbed to 13,801 units, while domestic tractor sales rose to 985 units and tractor exports fell to 275 units; power weeder sales increased to 3,680 units and power reaper sales declined to 28 units.