V.S.T Tillers Tractors Limited — Updates, 10-02-2025: Press Release

VST Tillers Tractors Limited reported a substantial 29% increase in Q3 revenue, reaching ₹219.10 Cr compared to ₹169.96 Cr in the same quarter last year. The operational EBITDA surged to ₹19.55 Cr, marking a 104% rise from ₹9.54 Cr last year. However, the profit before tax (PBT) saw a significant decline of 81%, falling to ₹3.84 Cr from ₹20.33 Cr, primarily due to mark-to-market losses on investments amounting to ₹11.04 Cr. For the nine-month period, the company achieved a turnover of ₹693.12 Cr, slightly down from ₹694.61 Cr year-on-year, with PBT at ₹89.32 Cr compared to ₹112.58 Cr last year. Net profit (PAT) decreased to ₹69.49 Cr from ₹86.39 Cr. The results reflect ongoing market challenges but also the company's strong operational growth, indicating a mixed outlook for investors.