VSTTILLERS

Feb 10 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS DEC-QUARTER CONSOL PROFIT 12.8 MILLION RUPEES

• VST TILLERS TRACTORS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.19 BILLION RUPEES

Source text: ID:nBSEb11kWk

Further company coverage: VST.NS

(([email protected];))

** VST Tillers Tractors VST.NS falls 5% to 4,400 rupees; set to snap three straight sessions of gains

** Farm equipment maker's total power tiller and tractor sales for January drops to 3,416 units from year-ago 4,146 units

** Stock rose 39% in 2024

(Reporting by Aleef Jahan in Bengaluru)

(([email protected]))

Jan 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS - DECEMBER 2024 TOTAL POWER TILLER & TRACTOR SALES 3372 UNITS

Source text: ID:nBSE2xZVX4

Further company coverage: VST.NS

(([email protected];))

** Shares of VST Tillers Tractors VST.NS rise 3.4% to 4965 rupees

** Farm equipment maker says total sales grew 7.4% y/y in November

** Trading volumes over 16,000 shares, more than twice the 30-day avg

** VST set to extend gains to a sixth straight session, taking YTD rise to 31%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

Nov 4 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS LTD SEPT-QUARTER CONSOL PROFIT 448 MILLION RUPEES

• VST TILLERS TRACTORS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.83 BILLION RUPEES

Source text: [ID:]

Further company coverage: VST.NS

(([email protected];))

Nov 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS - TOTAL POWER TILLER & TRACTOR SALES FOR OCT AT 2463 UNITS VERSUS 1509 UNITS YEAR AGO

Source text: ID:nBSE8HwLqZ

Further company coverage: VST.NS

(([email protected];))

Oct 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS- SEPT TOTAL POWER TILLER & TRACTOR SALES AT 2583 UNITS VERSUS 2627 UNITS YEAR AGO

Source text for Eikon: ID:nBSEynKqR

Further company coverage: VST.NS

(([email protected];))

** Shares of VST Tillers Tractors VST.NS rise as much as 2.93% to 4,184.95 rupees apiece

** Farm equipment maker recommends final dividend of 20 rupees per share for fiscal year 2023-24

** Dividend to be paid on or after Sept. 19, 2024, if approved by shareholders in its annual general meeting (AGM) on the same day

** VST shares have gained 9.5% in 2024 so far - Exchange data

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

Aug 13 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS LTD JUNE-QUARTER PROFIT 228.5 MILLION RUPEES

• VST TILLERS TRACTORS LTD JUNE-QUARTER REVENUE FROM OPERATIONS 1.91 BILLION RUPEES

Further company coverage: VST.NS

(([email protected];))

July 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• TOTAL POWER TILLER & TRACTOR SALES 3710 UNITS IN JUNE VERSUS 4638 UNITS YEAR AGO

Source text for Eikon: ID:nBSE377LC6

Further company coverage: VST.NS

(([email protected];))

** Shares of tractor maker Escorts Kubota ESCO.NS up 2% at 3,513 rupees

** Co reported 30.5% rise in Q4 profit despite revenue declining 4.6% as costs also eased

** Year-ago profit was also impacted by a one-time charge of 244 mln rupees

** Nuvama says outlook for FY24–26 is positive for agri, railways and construction equipment segments; agri growth likely to turn around in FY25 due to normal monsoon and benign government policies

** Estimates EBITDA margin to grow to 14.3% and 15% in FY26 and FY28 from 13.3% in FY24

** Phillip Capital flags multiple headwinds for tractors, including lower water reservoir levels, lower haulage activity due to elections

** VST Tillers Tractors VST.NS down 4.4% at 3,271.85 rupees on a decline in Q4 profit, rev

** Avg recommendation on ESCO is a 'hold' while VST is rated 'buy' - LSEG

** ESCO up 18.4% YTD, VST.NS down 13% vs Nifty auto index's .NIFTYAUTO 22.6% rise

(Reporting by Rama Venkat and Sethuraman NR in Bengaluru)

(([email protected]; https://twitter.com/ramavenkat0607;))

May 9 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• DIVIDEND 20 RUPEES PER SHARE

• MARCH-QUARTER CONSOL PROFIT 347.5 MILLION RUPEES VERSUS 401.5 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.73 BILLION RUPEES VERSUS 3.23 BILLION RUPEES

Further company coverage: VST.NS

(([email protected];))

** Shares of VST Tillers Tractors VST.NS fall as much as 6% to 3,445.55 rupees; last down 4.7%

** Co says its total power tiller and tractor sales for April fell 45.9% year-over-year to 1,191 units

** VST posts biggest intraday pct loss since Dec. 22, 2022

** More than 29,000 shares change hands by 10:44 a.m. IST, 2.1x the 30-day avg

** Stock set to snap four consecutive sessions of gain if trends hold

** Including session's move, stock down 7.3% YTD, while peers Mahindra and Mahindra MAHM.NS and Escorts Kubota ESCO.NS are up 26.2% and 12.6%, respectively

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

May 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS LTD - APRIL TOTAL POWER TILLER & TRACTOR SALES 1191 UNITS VERSUS 2202 UNITS YEAR AGO

Source text for Eikon: ID:nBSE2zvmHt

Further company coverage: VST.NS

(([email protected];))

April 26 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• INCORPORATED UNIT VST AMERICAS INC IN UNITED STATES

Source text for Eikon: ID:nBSE5N2l1d

Further company coverage: VST.NS

(([email protected];))

** Shares of Escorts Kubota ESCO.NS up 2.2% at 3,178 rupees, highest since Dec. 18, 2023

** Tractor manufacturer announces price hike from May 1

** Stock was up 0.8% before news

** ESCO did not mention quantum of price hike but said it would vary from across models

** Over 315,000 shares traded, 1.2x 30-day avg volume

** Analysts rate ESCO a "hold" on avg, while rate market leader Mahindra & Mahindra a "buy" .MAHM.NS -LSEG data

** ESCO has risen ~7% YTD, trailing MAHM's 20% jump but outperforming smaller rival VST Tillers' VST.NS 10% drop

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** VST Tillers Tractors' VST.NS shares fall 2.1% to 3,273.85 rupees

** Agricultural machinery maker says total power tiller and tractor sales in March down 25.4% y-o-y to 4,823 units

** Company's shares fell 1.2% in March for fourth straight month of losses

** More than 6,900 shares change hands, 0.7x 30-day avg - LSEG

** Stock down 13.4% YTD, gained 71.6% in 2023 for best yearly gains since 2014

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

April 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• MARCH TOTAL POWER TILLER & TRACTOR SALES 4,823 UNITS

Source text for Eikon: ID:nBSE3gcBVD

Further company coverage: VST.NS

(([email protected];;))

March 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• FEBRUARY TOTAL POWER TILLER & TRACTOR SALES 4170 UNITS VERSUS 4002 UNITS YEAR AGO

Further company coverage: VST.NS

(([email protected];))

VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS LTD - RESIGNATION OF V.K. SURENDRA AS CHAIRMAN AND DIRECTOR

Source text for Eikon: ID:nBSE3mMwnf

Further company coverage: VST.NS

Feb 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• SOLD 4146 UNITS IN JAN

Source text for Eikon: ID:nBSE8FQwZW

Further company coverage: VST.NS

(([email protected];))

** Shares of VST Tillers Tractors VST.NS fall 2.2% to 3,694.40 rupees

** Tiller and tractor maker's monthly sales for Dec. halved to 2,434 units

** Meanwhile, Mahindra and Mahindra MAHM.NS, India's biggest tractor maker, reports 18% drop in Dec. tractor sales

** Trading volume on VST 1x its 30-day moving average

** VST up ~72% in 2023 after falling ~20% in 2022

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Dec 8 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• RE-APPOINTS V T RAVINDRA AS MD

Source text for Eikon: ID:nBSE7j5zR5

Further company coverage: VST.NS

(([email protected];;))

Dec 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• NOV TOTAL POWER TILLER AND TRACTOR SALES AT 2096 UNITS VERSUS 2592 UNITS YEAR AGO

Source text for Eikon: ID:nBSE5WLC5r

Further company coverage: VST.NS

(([email protected];))

** Shares of VST Tillers Tractors VST.NS up as much as 6.4% to hit record high at 4022.10 rupees

** Stock posts sharpest intraday pct gain since Sept 18

** Co says it displayed three new tractors, including indigenously developed electric tractor, at Germany's trade fair Agritechnica

** More than 55,870 shares changed hands by 1 p.m. IST, 3.3x the 30-day avg

** Stock last up 4.9%, taking YTD gains to ~80%

(Reporting by Hritam Mukherjee in Bengaluru)

(([email protected];))

BENGALURU, Nov 3 (Reuters) - Indian tractor maker Escorts Kubota ESCO.NS reported a more than two-fold rise in the second-quarter profit on Friday, as price hikes offset muted sales.

The company's consolidated net profit climbed to 2.23 billion rupees ($26.8 million) in the three months to Sept. 30 from 988.3 million rupees a year earlier, it said in an exchange filing.

Escorts Kubota has hiked prices of its agri-machinery products, which includes commercial vehicles such as tractors, thrice since the second quarter last year, citing a rise in commodity and other costs.

The company's revenue rose nearly 9% to 20.59 billion rupees during the September quarter.

Expenses rose 3.4% in the September quarter, with raw material costs increasing 2.6%.

Tractor sales fell 7.1% during the quarter as rural demand was hurt by India's weakest monsoon rains since 2018, leading to a 4.2% drop in the segment revenue. The tractor business accounts for nearly 70% of total revenue.

Revenue in the company's smaller construction equipment and railway equipment segments, however, rose nearly 72% and 29%, respectively.

Shares of Escorts Kubota rose as much as 1.4% after results. They settled 0.7% higher on Friday, taking their year-to-date gains to 43.7%.

Its tractor-making rivals Mahindra & Mahindra MAHM.NS and VST Tillers Tractors VST.NS will report their results next week.

($1 = 83.2420 Indian rupees)

(Reporting by Varun Vyas in Bengaluru; Editing by Mrigank Dhaniwala)

(([email protected];))

Oct 3 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• VST TILLERS TRACTORS LTD - VST TILLERS TRACTORS AND HTC INVESTMENTS A.S. JOINED HANDS TO BRING IN TRACTORS IN INDIA

• VST TILLERS TRACTORS LTD - FORMED JOINT VENTURE NAMED "VST ZETOR PRIVATE LIMITED" WHICH WILL BE INITIALLY LAUNCHING THREE TRACTORS

Source text for Eikon: ID:nBSE7qcYK3

Further company coverage: VST.NS

(([email protected];))

Oct 2 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• SEPT TOTAL POWER TILLER & TRACTOR SALES AT 2627 UNITS VERSUS 2656 UNITS YEAR AGO

Source text for Eikon: ID:nBSE6ZJQcl

Further company coverage: VST.NS

(([email protected];))

Sept 26 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• INCORPORATED JV CO WITH HTC INVESTMENTS A.S

Source text for Eikon: ID:nBSE1GYxG8

Further company coverage: VST.NS

(([email protected];))

Sept 1 (Reuters) - VST Tillers Tractors Ltd VST.NS:

• AUGUST TOTAL SALES 4037 UNITS

Source text for Eikon: ID:nBSE4CWZ76

Further company coverage: VST.NS

(([email protected];))