Bengaluru: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced their third quarter results for the financial year 2021-22.

VST’s turnover during the quarter registered a 2.75 % rise to Rs 208.44 crore for Q3-FY22 against Rs 202.87 crore during the Q3-FY ‘21. The company’s operational EBITDA margin stood at Rs 30.25 crore, an increase of 1.34% over the corresponding quarter of last year, despite commodity pressure.

The company’s Profit After Tax (PAT) for 3rd.  quarter stood at Rs 21.05 crore, compared to Rs. 30.83 Crore in the corresponding quarter last year.

YTD Dec 21, VST’s turnover increased by 11.59% to Rs 635.50 Crore, compared to Rs 569.50 Crore in the corresponding nine months FY ’21.   The net profit stood at Rs 77.21 crore during YTD Dec 21, compared to Rs. 77.84 crore during the corresponding nine months of last financial year. The company’s operational EBIDTA margin saw an increase of 12.03 % to Rs 94.03 crore during the nine months of current financial year, against Rs. 83.93 Crore last year YTD Dec 20.