VST Tillers Quartely Report

Recently the quarterly results of VST Tillers had come out. Looking at the sales figures the company had done decent enough compared to the earlier quarters. 

• Sales have increased by 6.3 % compared to previous quarter
• The operating profit had increased by 25% compared to previous quarter
• Net profit had increased by 21% compared to previous quarter
• Recently the company paid a divided of Rs 9 upon a face value of 10.
• The company is debt free
• The market cap of the company is 357 crores with a projected sales of over 500 crores
• India had a good monsoon this year,which might push up the farm merchandise sale[ this is an assumption]

Overall this looks like a good stock to hold for a few more quarters.

During the last friday crash  in stock markets i could notice this company held up in green. The volumes on this company are very low which might be the cause of staying in green.