VST Tillers Tractors consolidated net profit declines 13.45% in the March 2024 quarter

Sales decline 15.24% to Rs 273.44 crore

Net profit of VST Tillers Tractors declined 13.45% to Rs 34.75 crore in the quarter ended March 2024 as against Rs 40.15 crore during the previous quarter ended March 2023. Sales declined 15.24% to Rs 273.44 crore in the quarter ended March 2024 as against Rs 322.61 crore during the previous quarter ended March 2023.

For the full year,net profit rose 31.06% to Rs 121.06 crore in the year ended March 2024 as against Rs 92.37 crore during the previous year ended March 2023. Sales declined 3.81% to Rs 968.05 crore in the year ended March 2024 as against Rs 1006.43 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales273.44322.61 -15 968.051006.43 -4 OPM %14.4316.91 -12.7812.64 - PBDT49.3359.48 -17 182.17150.89 21 PBT42.6652.58 -19 155.16123.95 25 NP34.7540.15 -13 121.0692.37 31

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