17, Sep 2024
VST Zetor Range of Tractors Launched in Madhya Pradesh
Sehore (Madhya Pradesh )17th August 2024:
VST Zetor range of tractors, jointly developed by VST Tillers Tractors Ltd and HTC Investments a.s, has been introduced in Madhya Pradesh and appreciated by the farm community. VST Zetor also inaugurated its New dealership at Sehore. State Head of MP inaugurated the dealership M/s NADEEM TRACTORS AUTODEAL and explained the features to the valuable farmers. Over 1000 farmers attended the inaugural event and complimented the products.
Launched in May 2024, VST Zetor offers 3 innovative tractors, VST ZETOR 4211, VST ZETOR 4511, and VST ZETOR 5011 in the 41 to 50 HP range. These products are jointly developed in India by VST & ZETOR after taking valuable inputs from the farming community in India.
Zetor tractors were one of the most trusted allies for the farmers during the Green Revolution. The legendary tractor brand is back teaming up with VST to bring a new wave of innovation in farm mechanization to Madhya Pradesh. By launching the VST Zetor range of tractors in Sehore, the heart of INDIAN STATE known for world famous variety of wheat crop – “SHARBATI”, the company aims to empower Madhya Pradesh’s farmers with Powerful, efficient and highly reliable tractors. These Tractors will surely boost productivity, save time, and enable the farmers in the state to get the best out of their fields.
VST Zetor tractors feature an indigenously made powerful, best-in-class DI Engine with UCWLT working to get best mileage, fully constant mesh transmission with helical gears and VZ Matic hydraulics. Its wider Platform, dual diaphragm clutch, optimum turning Radius, dual-acting power steering, adjustable premium seat, aerodynamic styling , wide platform and better Ground clearance to ensure ease of operation with desired comfort.
VST ZETOR tractors are best suited for a wide range of applications from land preparation to post-harvest operations. It is highly compatible with all heavy-duty non-agriculture tasks along with all primary, secondary tillage and haulage applications of Agriculture.
VST ZETOR
VST ZETOR embodies a groundbreaking collaboration between VST Tillers Tractors Ltd and HTC Investments a.s., dedicated to delivering high-quality tractors to Indian farmers. Rooted in the principle of ‘Global Technology, made in India,’ the collaboration seamlessly combines VST’s renowned FAST & Frugal approach with ZETOR’s cutting-edge engineering. This synergy ensures both immediate relevance and future preparedness to address the dynamic needs of Indian agriculture.
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- By Rabindra
10, May 2024
VST Tillers Tractors Ltd Net profit surge by 32 Percent to Rs 121.51 Cr for the year ended March 31st, 2024
Bengaluru, 9th May 2024: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced their annual financial results for the year ended March 31, 2024.
For the financial year 2024, VST achieved the highest-ever net profit of Rs 121.51 Cr, a surge by 32% compared to Rs 92.36 Cr of the previous year. Companies’ Earnings before interest, taxes, depreciation & amortization (EBITDA) rose by 21% to Rs 184.77 Cr compared to Rs 152.16 Cr during the previous year. Revenue from operations, saw a degrowth of 3.8% from Rs 1006.43 Cr to Rs 968.05 Cr. The company was able to maintain healthy growth in profitability and cash generation despite the adverse monsoon during the last season in the key markets.
For the quarter ended March 31st, 2024, VST reported a turnover of Rs. 273.44 crores. The company’s earnings before interest, taxes, depreciation & amortization (EBITDA) for the quarter stood at Rs 50.22 Cr (17.69%) as against Rs 59.78 Cr (18.23%) in the same quarter of the previous year. The net profit margin for the quarter improved to 12.37% from 12.25% of Q4 FY23.
8, Nov 2023
VST Tillers Tractors Ltd registered 19 Percent revenue growth in Q2 FY24
Bengaluru, 8th November’ 2023: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced their Quarter 2 results for the financial year 2023-24.
VST reported a turnover of Rs. 278.51 crores during Q2 FY 24. The company’s earnings before interest, taxes, depreciation & amortization (EBITDA) stood at Rs 57.02 crore for Quarter 2, which is 19.50 % of revenue. In Last year Q2, the EBITDA margin was 16.73%.
Year-to-date basis, VST has achieved a turnover of Rs 524.65 Crore compared to Rs 470.13 Crore during the corresponding half-year of the last financial year, an increase of 11.60%. Net profit stood at Rs 69.44 crore for YTD Sept 23 compared to Rs.32.79 crore YTD Sept 22 with a growth of 112%.
The company has also registered growth of 54% in the export of tractors for H1 FY24. In the domestic market, VST has launched series 9 models in this quarter which is receiving a good response from the market.
