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V.S.T.TILLERS TRACTORS LTD.-$ Q3 FY26 Results

VSTTILLERSQ3 FY26 Results
Filing
MetricValue ( Cr)Q2 FY26Q3 FY25
Revenue314.300.3%43.5%
Total Income321.321.1%52.8%
Expenditure280.490.3%35.9%
PBT40.8311.8%1034.2%
Net Profit30.4321.8%2277.3%
OPM12.95%0.03pp10.40pp
NPM9.47%1.61pp8.86pp
EPS35.2121.8%2279.1%
View full financials

VST Tillers Tractors Ltd Reports 43.4% YoY Revenue Growth in Q3 FY26

07 Feb 2026 · 7 Feb, 4:11 pm

Summary

VST Tillers Tractors Ltd, a leading farm equipment manufacturer in India, announced its financial results for the quarter and nine months ended December 31, 2025. The company recorded impressive revenue and margin expansion, with a 43.4% YoY increase in revenue from operations in Q3 FY26 and a 31.6% growth in revenue from operations for the nine-month period.

Key Highlights

  1. 1

    Revenue from operations in Q3 FY26 was ₹314.3 crore, a 43.4% YoY increase

  2. 2

    Operational EBITDA in Q3 FY26 was ₹40.7 crore with margins rising to 12.9%

  3. 3

    Net profit in Q3 FY26 surged to ₹30.7 crore with net profit margins improving to 9.6%

  4. 4

    Revenue from operations for 9M FY26 was ₹911.9 crore, a 31.6% growth

  5. 5

    Operational EBITDA for 9M FY26 was ₹119.1 crore with margins improving to 13.06%

  6. 6

    Net profit for 9M FY26 was ₹100.7 crore with margins rising to 10.6%

Management Comments

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Not specified

VST Tillers Tractors Limited (VST) is India’s leading farm equipment manufacturer. VST was established in the year 1967 by the VST Group of companies. With a legacy of more than 55 years, VST continues to drive farm mechanization and empowerment of Indian farmers. The organization is the largest Indian manufacturer of Tillers, and 4WD Compact Tractors, and amongst the leading producers of the other category of Tractors, Engines, Transmission, Power Reaper, and Precision Components. VST also exports products to European, Asian, and African markets.

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