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VST Tillers Tractors - Quaterly Results

12 May 2023 Evaluate
The Sales for the quarter ended March 2023 of Rs. 3226.10 millions rose by 47.74% from Rs. 2183.60 millions.Net profit surges 81.67% to Rs. 401.50  millions  from Rs. 221.00 millions in the quarter ended March 2023.Operating profit for the quarter ended March 2023 rose to 597.80 millions as compared to 365.80 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3226.10 2183.60 47.74 10064.30 8538.60 17.87 10064.30 8538.60 17.87
Other Income 52.30 64.30 -18.66 249.50 340.90 -26.81 249.50 340.90 -26.81
PBIDT 597.80 365.80 63.42 1521.60 1582.70 -3.86 1521.60 1582.70 -3.86
Interest 3.00 2.50 20.00 12.70 10.50 20.95 12.70 10.50 20.95
PBDT 594.80 363.30 63.72 1508.90 1572.20 -4.03 1508.90 1572.20 -4.03
Depreciation 69.00 71.70 -3.77 269.40 250.40 7.59 269.40 250.40 7.59
PBT 525.80 291.60 80.32 1239.50 1321.80 -6.23 1239.50 1321.80 -6.23
TAX 124.30 70.60 76.06 315.80 328.70 -3.92 315.80 328.70 -3.92
Deferred Tax -10.90 13.80 -178.99 9.70 21.90 -55.71 9.70 21.90 -55.71
PAT 401.50 221.00 81.67 923.70 993.10 -6.99 923.70 993.10 -6.99
Equity 86.40 86.40 0.00 86.40 86.40 0.00 86.40 86.40 0.00
PBIDTM(%) 18.53 16.75 10.61 15.12 18.54 -18.43 15.12 18.54 -18.43
Peers
Company Name CMP
Escorts Kubota 2794.80
VST Tillers Tractors 4236.55
Indo Farm Equipments 136.75
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