V.S.T. Tillers Tractors Approves New Auditor and Releases Quarterly Financial Results
V.S.T. Tillers Tractors Limited reported its unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. Additionally, the Board of Directors approved the appointment of M/s. Brahmayya & Co as the Statutory Auditors of the Company.The Board meeting, held on August 13, 2026, confirmed the selection of M/s. Brahmayya & Co (Firm Registration No. 000515S) as the company's Statutory Auditor. This appointment is subject to approval by the members at the forthcoming 58th Annual General Meeting and covers a term of five consecutive years, starting from the conclusion of the 58th AGM until the 63rd AGM.
Financial Performance Overview
The Company provided detailed unaudited financial results for the quarter ended June 30, 2026. The company is engaged solely in the manufacturing and trading of agriculture machinery and operates within a single business segment (Ind AS 108).Key highlights from the quarter include:
- Investments Gain: During the quarter, the Company recognized a fair value gain on investments amounting to Rs. 2,615.49 lakhs, compared to a gain of Rs. 2,379.44 lakhs in Q1 of FY 2025-26.
- Employee Benefits: Employee share based payments were recognized under employee benefits expense at Rs. 87.63 lakhs (compared to 127.43 lakhs for Q1 of FY 2025-26).
Financial Results Summary
The financial performance across both the standalone and consolidated levels showed varying results during the period compared to previous quarters and the full year ended March 31, 2026.Financial data for the quarter is presented in Lakhs., except EPS.
| Particular | Qtr Ended Jun 30, 2026 (Unaudited) | Qtr Ended Mar 31, 2026 | Jun 30, 2025 (Unaudited) | FY Ended Mar 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations (I) | 56.32 | 6.10 | 51.34 | 122.15 |
| Total Income (IV) | 56.14 | - | - | - |
| Net Gain on Fair Value Changes on Investments (III) | 2,615 | - | 2,379 | (678) |
| Total Expenses (V) | -- | -- | -- | -- |
Consolidated figures are in Lakhs., except EPS. These results include the Parent Company's share of the net loss after tax and total comprehensive loss from its Joint Venture, VST Zetor Private Limited.
| Particular | Qtr Ended Jun 30, 2026 (Unaudited) | Qtr Ended Mar 31, 2026 | Jun 30, 2025 (Audited) | FY Ended Mar 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations (I) | 31,340 | 32,816 | 28,245 | 124,036 |
| Total Income (IV) | 34,147 | 29,726 | 30,834 | 124,471 |
| Net Gain/Loss on Fair Value Changes on Investments (III) | 2,615 | (3,375) | 2,379 | (678) |
Auditor Appointment Details
The appointment of M/s. Brahmayya & Co, Chartered Accountants, follows the company's recommendation from its Audit Committee. The firm holds Firm Registration No. 000515S and possesses extensive experience in statutory audits across India.VSTTILLERS Stock Price Movement
V.S.T Tillers Tractors Limited shares gained 2.81% today, settling at ₹4566.50 after trading in a strong rally. The stock traded during the session within a range of ₹4394.10 to ₹4699.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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