VST Tillers Tractors' Q2 FY 2025-26 Quarterly Results

Result Summary

• VST Tillers Tractors Ltd reported a 3.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.5%.
• Its expenses for the quarter were up by 11.7% QoQ and 11.3% YoY.
• The net profit decreased 43.5% QoQ and decreased 44.2% YoY.
• The earnings per share (EPS) of VST Tillers Tractors Ltd stood at 28.78 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

VST Tillers Tractors Ltd is a prominent Indian company primarily engaged in the manufacturing and sale of agricultural equipment, including power tillers and tractors. The company operates within the agricultural machinery industry, which plays a critical role in enhancing productivity in the agricultural sector. As of the data available up to October 2023, VST Tillers Tractors Ltd has been recognized for its focus on innovation and quality, catering to the needs of small and marginal farmers. The company is reputed for its wide range of products that support sustainable farming practices. However, specific recent major developments regarding the company are not available in this context.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), VST Tillers Tractors Ltd reported a total income of ₹317.79 crores. This represents a quarter-over-quarter (QoQ) increase of 3.1% from ₹308.34 crores in the first quarter of fiscal year 2026 (Q1FY26). Compared to the same quarter in the previous fiscal year (Q2FY25), where the total income was ₹310.19 crores, the company experienced a year-over-year (YoY) increase of 2.5%. This growth in revenue indicates the company's ability to maintain its market presence and achieve incremental income growth over the comparative periods.

Profitability

The profitability of VST Tillers Tractors Ltd has seen notable changes in Q2FY26. The company recorded a profit before tax (PBT) of ₹36.51 crores, which is a significant decline of 35.5% QoQ from ₹56.60 crores in Q1FY26. Similarly, when compared to Q2FY25, where the PBT was ₹57.53 crores, there is a YoY decrease of 36.5%. The profit after tax (PAT) for Q2FY26 was ₹24.98 crores, showing a reduction of 43.5% QoQ and 44.2% YoY when compared to ₹44.22 crores in Q1FY26 and ₹44.80 crores in Q2FY25, respectively. The earnings per share (EPS) in Q2FY26 was ₹28.78, which also reflects a decline of 43.5% QoQ and 44.4% YoY from the previous corresponding periods.

Operating Metrics

Total expenses for VST Tillers Tractors Ltd in Q2FY26 amounted to ₹281.28 crores, marking an increase of 11.7% QoQ from ₹251.74 crores in Q1FY26. When compared to Q2FY25, where expenses were ₹252.66 crores, there is an 11.3% YoY increase. The tax expense in Q2FY26 was ₹11.08 crores, which decreased by 8.0% QoQ from ₹12.04 crores in Q1FY26 and 10.8% YoY from ₹12.42 crores in Q2FY25. These shifts in expenses and tax liabilities highlight the operational dynamics the company navigated during this period.