VST Tillers Tractors shares rally 20% in two sessions as Q1 profit nearly doubles
Shares of VST Tillers Tractors Limited have surged 20% over the past two sessions, driven by strong Q1 FY26 earnings. The stock rose 8.24% on Tuesday to close at Rs 5,201.90, after gaining as much as 11% on Monday, August 11, following the results announcement.
For the April–June quarter, net profit jumped 96.5% year-on-year (YoY) to Rs 44.2 crore from Rs 22.5 crore in the same period last year. Revenue increased 48.2% YoY to Rs 282.5 crore from Rs 190.6 crore. EBITDA nearly tripled to Rs 37.6 crore from Rs 13.4 crore, with margins expanding over six percentage points to 13.3% from 7% a year earlier.
The rally also comes on the back of the company's recent product expansion. Last week, VST Tillers Tractors launched its FENTM Tractor Series (Fuel Efficient and Torque Max), introducing multiple models ranging from 18.5 to 29 horsepower with both two-wheel and four-wheel drive options.
The stock has now hit a fresh multi-month high, trading in the range of Rs 4,900.00 to Rs 5,289.90 during Tuesday's session. VST Tillers Tractors currently holds a market capitalization of Rs 4,486 crore and a price-to-earnings ratio of 48.31.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
an hour ago
- Business Upturn
Tips Music acquires Studio Radha's catalogue of 4,000+ Gujarati and Kutchi songs
By Aditya Bhagchandani Published on August 18, 2025, 08:22 IST Tips Music Limited on Monday announced the acquisition of Studio Radha's complete cultural music catalogue, adding over 4,000 Gujarati and Kutchi heritage tracks to its regional music portfolio. The move marks a significant step in strengthening the company's presence in India's vibrant regional music market. The catalogue spans devotional, folk, and cultural storytelling songs, offering a heritage-rich addition to Tips Music's diverse portfolio. The company said this acquisition not only preserves the legacy of Studio Radha but also provides opportunities to bring these songs to global audiences through modern digital platforms and streaming services. Kumar Taurani, Managing Director of Tips Music, said the move was part of the company's strategy to invest in diverse, high-quality content with long-term appeal. He noted that the acquisition would allow Tips Music to 'introduce these timeless songs to a new generation of listeners worldwide' while expanding its footprint across regional markets. Tips Music, founded in 1988 by the Taurani Brothers, is among India's leading publicly listed music companies. It has a strong catalogue of over 34,000 tracks, including legendary Hindi film soundtracks such as Khalnayak , Soldier , Gupt , Pardes , and Taal , as well as recent blockbusters like Ponniyin Selvan 1 & 2 , Crew , and HanuMan . The company continues to partner with both legendary voices and contemporary artists across multiple languages and genres. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
an hour ago
- Business Upturn
Top stocks to watch today, August 18: JK Cement, Swiggy, KEC International, Alembic Pharmaceuticals, Glenmark, auto stocks and more
By Aditya Bhagchandani Published on August 18, 2025, 08:20 IST Markets will track sector-specific developments and company announcements on Monday, August 18. Key updates span GST rationalisation measures, capex plans, earnings, and trade duty recommendations. Positive cues Steel companies may see momentum after the Directorate General of Trade Remedies (DGTR) recommended safeguard duty on imports of non-alloy and alloy steel flat products. Automakers are also in focus as sources indicate GST rationalisation could lead to lower taxes on two-wheelers and cars. FMCG firms are expected to benefit from tax cuts on daily-use items, while consumer durable majors such as Voltas, Blue Star, and Havells could gain if GST on ACs, TVs, refrigerators, and washing machines is reduced to 18%. Insurance companies are in spotlight as sources suggest the Centre is considering reducing GST on insurance premiums to 0% or 5%. JK Cement will be tracked after its board approved a Rs 4,805 crore capex for a 7 mt cement line in Rajasthan. Supreme Industries and Astral may move after DGTR recommended anti-dumping duty on PVC suspension resin imports. Among individual stocks, Alembic Pharmaceuticals received final US FDA approval for Tretinoin Cream USP, with an estimated market size of USD 94 million. KEC International reported fresh orders worth Rs 1,402 crore across businesses. Signature Global executed three sale deeds to purchase 33.47 acres of land in Sohna, Haryana. Swiggy increased its platform fee to Rs 14 in select regions. Zaggle Prepaid posted a 37% rise in EBITDA with margins improving to 9.2% from 8.8% YoY, while Borosil reported a 14% rise in EBITDA with margins at 16.2% against 15% YoY. SP Apparels delivered strong results with EBITDA up 60% and revenue up 64% YoY. Negative cues Glenmark's earnings showed flat revenue with margins slipping to 17.8% from 18%. Vodafone Idea posted a 1% decline in EBITDA with margins easing to 41.8% from 42.3% sequentially. Textile and chemical companies may face pressure as a 25% additional tariff is expected to take effect on August 27. Inox Wind reported flat margins and Q1 FY26 execution below estimates. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
an hour ago
- Business Upturn
MCX launches nickel futures contract effective August 18
By Aditya Bhagchandani Published on August 18, 2025, 08:22 IST The Multi Commodity Exchange of India Ltd. (MCX) has announced the launch of a Nickel futures contract, effective August 18, 2025. The exchange said the new contract is designed to improve price discovery, provide risk management tools, and encourage wider participation from the value chain. Nickel is a critical industrial metal used in stainless steel manufacturing, electroplating, EV batteries, and other engineering industries. With India heavily dependent on nickel imports, consuming industries often face price volatility and supply disruptions that affect margins. The launch of the new futures contract aims to provide these industries with a robust hedging mechanism, helping them mitigate both commodity price risk and currency risk, as the contract will be INR-denominated. The contract will be introduced with a trading unit of 250 kgs and a delivery unit of 1,500 kgs, effective from the September 2025 expiry. The designated delivery centre will be Thane, with deliveries allowed during the last three working days of the contract month. Only LME-approved primary nickel cathodes with a minimum purity of 99.80% will be accepted as good delivery. The tick size has been set at Rs 0.10 per kg, with daily price limits of 4% and margins fixed at a minimum of 10% or SPAN, whichever is higher. MCX Managing Director and CEO Praveena Rai said the launch is part of the exchange's efforts to make base metals contracts more efficient and globally aligned. 'Our vision is to make India our own price setter for commodities we consume in the country's drive towards security and self-sufficiency,' she stated. MCX, operational since 2003, is India's leading commodity derivatives exchange with about 98% market share in commodity futures contracts traded in FY25. It offers trading across bullion, energy, metals, agri commodities, and sectoral indices, and is also recognized as the largest commodity options exchange globally. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
