VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century-old business house in South India. The founder of the group was Sri V.S. Thiruvengadaswamy Mudaliar. VST Tillers Tractors Ltd. was promoted by VST Motors as a joint venture since 1966 with Mitsubishi Heavy Industries Ltd, Japan. The company is now the largest manufacturer of Power Tillers in India.
Financial Results:
VST Tillers Tractors Ltd reported Revenues for Q2FY24 of ₹279.00 Crores up from ₹234.00 Crore year on year, a rise of 19.23%.
Total Expenses for Q2FY24 of ₹242.00 Crores up from ₹209.00 Crores year on year, a rise of 15.79%.
Consolidated Net Profit of ₹36.00 Crores up 56.52% from ₹23.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹42.19, up 60.30% from ₹26.32 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.