VST Tillers Tractors Ltd posts an EBIDTA of 20.07% for Q2FY22

VST Tillers Tractors Limited (VST), India's leading farm equipment manufacturer, today announced their Quarter 2 results for the financial year 2021-22. The company's Profit After Tax (PAT) stood at Rs 32.15 crore, a 7.38% rise when compared to the corresponding quarter last year. The company had reported Rs 29.94 crore net profit during the second quarter of the previous financial year.

VST's turnover during the quarter registered a 5.93% rise to Rs 233.46 crore as against Rs 220.39 crore during the Q2 FY '21. The company's EBITDA margin stood at Rs 48.98 crore, an increase of 7.37% over the corresponding quarter of last year.

Year to Date, VST has earned a net profit of Rs 56.16 crore during FY '22, when compared to Rs. 47.01 crore earned during the corresponding half year of last financial year, an increase of 19.46%. The company's EBIDTA margin also saw an increase of 21% to Rs 86.18 crore during the first half year of the current financial year. VST's EBIDTA was at Rs. 71.23 crore during the first half of FY '21.

Shares of V.S.T Tillers Tractors Limited was last trading in BSE at Rs. 2962.75 as compared to the previous close of Rs. 2892.50. The total number of shares traded during the day was 3550 in over 984 trades.

The stock hit an intraday high of Rs. 3007.00 and intraday low of 2890.70. The net turnover during the day was Rs. 10483699.00.

Source : Equity Bulls

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VSTTillersTractorsLimited INE764D01017 VSTTILLERS Q2FY22 ResultUpdate