V.S.T. Tillers Tractors received a final GST assessment order significantly reducing a previous demand of ₹6,736.73 lakhs to just ₹37.30 lakhs. This favorable resolution from the Tamil Nadu tax authorities removes a substantial potential liability, resulting in minimal financial impact on the company’s operations.
V.S.T. Tillers reported FY26 YTD sales of 56,243 units, a 32% increase YoY. While March monthly sales fell 37.4% YoY to 4,940 units (led by lower power tiller volumes), annual tractor sales grew 11.8% YoY, reflecting strong overall fiscal year momentum.
VST Tillers Tractors reported strong February 2026 sales, with total units rising 36% YoY to 4,435. Power Tiller sales grew 34% (3,963 units), while Tractor sales surged 53% (472 units). Year-to-date total sales show significant momentum, increasing nearly 48% YoY to 51,303 units.
VST reported record nine-month turnover with EBITDA margins expanding to 13.1%. Highlights include a domestic tractor turnaround, entry into the marine engine market, and launching electric weeders and FENTM tractors. Management guides 25-30% annual growth, establishing a Netherlands base for European expansion and 2027 US entry.
VST Tillers Tractors reported strong Q3 FY26 results with revenue growing 43.4% year-on-year to ₹314.3 crore. Net profit surged significantly to ₹30.7 crore from ₹1.7 crore, driven by robust operational EBITDA margin expansion to 12.9% despite impacts from a new labour code.
Q3 Consolidated: Revenue rose 43% YoY to ₹31,430 lakhs. Net Profit surged to ₹3,043 lakhs from ₹128 lakhs. Growth driven by strong operational performance and ₹545 lakhs investment fair value gain. Management noted ₹165.95 lakhs impact from New Labour Codes and increased employee share-based payments.
Monthly sales for January 2026 surged 53.9% YoY to 5,257 units. Power tiller sales grew 54.9% (4,810 units), while tractor sales increased 43.7% (447 units). Year-to-date total volume is up 49.1% compared to the previous year, showing strong operational momentum.
Monthly sales for December 2025 showed robust 29.8% YoY growth, driven by a 26% increase in Power Tillers and a 60% surge in Tractors. Year-to-date total sales are up 48.5%, indicating significant operational momentum.
VST Tillers Tractors showcased its diversified engineering strengths, including 3 and 4-cylinder compact engines and precision components for construction, marine, and DG segment at EXCON 2025. The CEO highlighted the focus on innovation, global product modernization, and future technologies.