Board Approves Dividend
VSTTILLERS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
VST Tillers Tractors Ltd's Board approved audited standalone and consolidated results for Q4 and FY ended March 2026. Standalone revenue declined from Rs. 103,286 lakhs to Rs. 99,455 lakhs (~3.7% YoY), though operating performance remained robust. Standalone PAT grew 13.75% to Rs. 9,600 lakhs from Rs. 8,439 lakhs. EBITDA margin expanded, supported by better cost management. The Board recommended a final dividend of Rs. 25 per equity share (face value Rs. 10), subject to shareholder approval at the AGM. Dr. Nandakumar Jairam was re-appointed as Independent Director for a second 5-year term from June 21, 2026. Auditors issued an unmodified opinion on both standalone and consolidated financials.
Revenue decline is a mild concern, but strong PAT growth and the healthy dividend payout signal financial stability. The stock may see neutral-to-positive reaction given the dividend and profit growth despite top-line softness.