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VST Tillers Tractors posts Rs 92.37crore net profit

13 May 2023, 11:53 am
Source by: Times of India
VST Tillers Tractors posts Rs 92.37crore net profit

CHENNAI: VST Tillers Tractors Limited (VST) clocked a net profit of Rs 92.37 crore for the full year FY23. The company has achieved a historic milestone revenue of Rs 1,006.43 crore up nearly 18% over FY22.
EBIDTA margin stood at Rs 152.16 crore which is 14.75% on sales. This is despite commodity inflation prices and reduction in other income from the mark to market gain on investments.
For Q4FY23 revenue stood at Rs 322.61 crore, registering strong growth of nearly 48% over the same quarter last year.