VST Tillers Tractors Ltd reports solid financial performance driven by strong revenue and margin expansion
Bengaluru, February 10, 2026: VST Tillers Tractors Limited (VST), India’s leading farm equipment manufacturer, today announced its financial results for the quarter and nine month ended December 31, 2025, showcasing continued growth momentum and operational resilience.
Quarter ended December 31, 2025 (Q3 FY 26):· The company delivered a strong performance in the third quarter of FY26, recording ₹314.3 crore in revenue from operations, compared to ₹219.1 crore in Q3 FY25—an impressive 43.4% year‑on‑year increase
· Operational EBITDA for the quarter stood at ₹40.7 crore, up from ₹19.6 crore in the same period last year, with margins rising from 8.9% to 12.9%, after accounting for the ₹1.66 crore impact of the new labour code, excluding this, the EBITDA margin would have been 13.50%
· Net profit surged to ₹30.7 crore, compared to ₹1.7 crore in Q3 FY25, with net profit margins improving from 0.8% to 9.6%
Nine months ended December 31, 2025 (9M FY26):· For the nine‑month period, revenue from operations reached ₹911.9 crore, up from ₹693.1 crore in 9M FY25, representing a solid 31.6% growth
· Operational EBIDTArose to ₹119.1 crore, compared to ₹70.7 crore in the previous year, with margins improving from 10.2% to 13.06%. Excluding the ₹1.66 crore impact of the new labour code, the EBITDA margin would have been 13.20%
· Net profit for the period was ₹100.7 crore, up from ₹69.5 crore last year, with margins rising from 5.8% to 10.6%