VST Tillers’ shares fell by 3% during morning trading on the back of its Q4 results, which saw a notable decline in net profit. As of 10:02 AM, the shares were trading 2.64% lower at Rs 3,640.00.
The company reported a net profit of ₹24.4 Cr, marking a 29.9% year-on-year drop compared to ₹34.8 Cr in the previous year.
On a more positive note, the company’s revenue saw an increase of 10.2%, reaching ₹301.4 Cr as compared to ₹273.4 Cr in Q4 of the previous year. EBITDA also showed a modest rise of 1.3%, totaling ₹40.3 Cr, up from ₹39.8 Cr last year. However, the EBITDA margin narrowed to 13.4% from 14.6% in the previous year.
VST Tillers shares opened at ₹3,708.00, maintaining the same value throughout the day. The stock hit a low of ₹3,535.00 during trading. The 52-week high for VST Tillers stands at ₹5,429.95, while the 52-week low is ₹3,082.00, reflecting the volatility and fluctuations in its market performance.
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