Friday, Apr 19 2024 | Time 22:44 Hrs(IST)
image
Business Economy


VST Tillers Tractors achieves EBIDTA of Rs 36.58 crore in Q4

Chennai, May 9 (UNI) VST Tillers Tractors Limited (VST), India’s leading
farm equipment manufacturer, today announced that it has achieved
EBIDTA of Rs 36.58 crore in Q4 for the financial year 2021-22.
Announcing the results for the quarter ending March 31, 2022, the
company said it's turnover registered a 12.13% rise to Rs 218.36 crore
for Q4 as against Rs 194.74 crore during the Q4-FY ‘21.
The company’s operational EBITDA margin stood at Rs 30.15 crore a
growth of 285.07% YOY, despite commodity pressure.
The Profit After Tax (PAT) for 4th quarter stood at Rs 22.10 crore,
compared to Rs 12.93 Crore in the corresponding quarter last year,
a company release here said.
For FY 22, VST achieved a highest ever turnover of Rs 853.86 crore,
an increase of 11.73%, compared to Rs 764.24 crore in FY ’21.
The net profit stood at Rs 99.31 crore for FY 22, compared to Rs. 90.78
crore last financial year and its operational EBIDTA margin increased by
35.33% to Rs 124.18 crore for the current financial year, when compared
to Rs. 91.76 crore last year.
UNI GV 1723
More News

"CSIR-IICT and BHEL partners to advance clean fuel technology: MoU signed on CO2 to DME"

19 Apr 2024 | 7:23 PM

Hyderabad, April 19 (UNI) The Council of Scientific and Industrial Research-Indian Institute of Chemical Technology (CSIR-IICT) and Bharat Heavy Electricals Limited (BHEL) Corporate R&D have forged a partnership to develop technology for capturing and converting carbon dioxide (CO2) to Dimethyl Ether (DME) through direct catalytic conversion.

see more..

Amara Raja Infra Wins Greenko’s 700MWp solar project in AP

19 Apr 2024 | 6:41 PM

Hyderabad, Apr 19 (UNI) Amara Raja Infra Private Limited (ARIPL), part of the $1.75 billion Amara Raja Group, on Friday announced it has secured a solar BoS (Balance of System) project of 500MW/700MWp from Greenko.

see more..
Sensex recovers 600 points on heavy buying on last day of week

Sensex recovers 600 points on heavy buying on last day of week

19 Apr 2024 | 5:34 PM

Mumbai, April 19 (UNI) Snapping a losing streak of last four sessions, the BSE Sensex on Friday bounced back 599.34 points to close at 73088.33 on expectation of minimal escalation of tension between Israel and Iran.

see more..

19 Apr 2024 | 5:24 PM

Mumbai, Apr 19 (UNI) IT major Wipro on Friday reported 7.80% year-on-year dip in consolidated net profit at Rs 2,834.6 crore for January-March quarter (Q4) of the financial year 2023-24.

see more..
Rupee up 8 paise against USD

Rupee up 8 paise against USD

19 Apr 2024 | 5:05 PM

Mumbai, April 19 (UNI) The Rupee on Friday ended positive at 83.47, rising 8 paise against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
image