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VST Tillers Tractors standalone net profit declines 63.26% in the March 2019 quarter

Capital Market 

Sales decline 26.03% to Rs 178.69 crore

Net profit of Tillers Tractors declined 63.26% to Rs 12.38 crore in the quarter ended March 2019 as against Rs 33.70 crore during the previous quarter ended March 2018. Sales declined 26.03% to Rs 178.69 crore in the quarter ended March 2019 as against Rs 241.58 crore during the previous quarter ended March 2018.

For the full year,net profit declined 58.87% to Rs 46.06 crore in the year ended March 2019 as against Rs 111.98 crore during the previous year ended March 2018. Sales declined 19.52% to Rs 614.80 crore in the year ended March 2019 as against Rs 763.95 crore during the previous year ended March 2018.

ParticularsQuarter EndedYear EndedMar. 2019Mar. 2018% Var.Mar. 2019Mar. 2018% Var.Sales178.69241.58 -26 614.80763.95 -20 OPM %6.3417.25 -7.4715.65 - PBDT24.9351.06 -51 87.32163.09 -46 PBT18.4648.36 -62 71.53152.23 -53 NP12.3833.70 -63 46.06111.98 -59

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 10 2019. 17:13 IST
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