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Shares of VST Tillers Tractors have slipped 14% to Rs 1,526 per share, also their 52-week low on the BSE in intra-day trade after the company’s net profit in September quarter (Q2FY19) reduced more-than-half to Rs 92 million due to lower operating income. The company engaged in the business of manufacturing and trading of agriculture machinery had a profit of Rs 187 million in the same quarter last fiscal.
Operational revenue during the quarter under review declined by 17.6% at Rs 1,446 million against Rs 1,755 million in the corresponding quarter of the previous year.
The company said
Operational revenue during the quarter under review declined by 17.6% at Rs 1,446 million against Rs 1,755 million in the corresponding quarter of the previous year.
The company said
