VST Tillers Tractors Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- VST Tillers Tractors Ltd reported a 32.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.8%.
- Its expenses for the quarter were down by 18.3% QoQ and up 23.0% YoY.
- The net profit decreased 97.1% QoQ and decreased 92.4% YoY.
- The earnings per share (EPS) of VST Tillers Tractors Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 210.25 | 310.19 | 188.12 | -32.2% | 11.8% |
Total Expenses | 206.41 | 252.66 | 167.79 | -18.3% | 23.0% |
Profit Before Tax | 3.84 | 57.53 | 20.33 | -93.3% | -81.1% |
Tax | 2.32 | 12.42 | 3.38 | -81.3% | -31.4% |
Profit After Tax | 1.28 | 44.80 | 16.87 | -97.1% | -92.4% |
Earnings Per Share | 1.50 | 51.70 | 19.50 | -97.1% | -92.3% |
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 player in the agricultural machinery sector in India. The company primarily specializes in the manufacturing of tillers and tractors, which are essential tools for the farming community. These products are designed to enhance agricultural productivity and efficiency. VST Tillers has established a significant market presence and is known for its quality products. There is no specific recent major development information available in the provided data that could give insight into any recent strategic changes or expansions within the company. The company operates in a highly competitive industry with a focus on innovation and meeting the needs of farmers.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), VST Tillers Tractors Ltd reported a total income of ₹210.25 crores. This represents a decrease of 32.2% compared to the previous quarter (Q2FY25) where the total income was ₹310.19 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased by 11.8% from ₹188.12 crores. This year-over-year increase suggests growth over the past year, despite the quarter-over-quarter decline. The revenue figures reflect the company's performance in generating income from its core business operations, which include the sale of tillers and tractors.
Profitability
VST Tillers Tractors Ltd experienced a significant decline in profitability in Q3FY25. The company reported a profit before tax of ₹3.84 crores, a steep drop of 93.3% compared to Q2FY25, where the profit before tax was ₹57.53 crores. Similarly, the profit after tax for Q3FY25 was ₹1.28 crores, down by 97.1% from ₹44.80 crores recorded in the previous quarter. On a year-over-year basis, there was also a decline in profitability, with profit after tax decreasing by 92.4% from ₹16.87 crores in Q3FY24. The earnings per share for Q3FY25 stood at ₹1.50, which is a sharp decrease from ₹51.70 in Q2FY25 and ₹19.50 in Q3FY24. These figures highlight a challenging quarter for the company in terms of profit generation.
Operating Metrics
Total expenses for VST Tillers Tractors Ltd in Q3FY25 were ₹206.41 crores, which is a decrease of 18.3% from the previous quarter's expenses of ₹252.66 crores. However, when compared to Q3FY24, total expenses increased by 23.0% from ₹167.79 crores. The tax expense for Q3FY25 was ₹2.32 crores, which is a reduction of 81.3% from ₹12.42 crores in Q2FY25, and a decrease of 31.4% from ₹3.38 crores in Q3FY24. These metrics indicate the company's expenditure trends and taxation costs across different quarters. The decline in expenses quarter-over-quarter could reflect cost-saving measures or adjustments in operational activities. It's important to note that the provided data does not include specific balance sheet or cash flow information; therefore, key financial ratios like the P/E ratio, debt-to-equity ratio, or current ratio cannot be calculated from this data alone.
