V.S.T. Tillers Tractors Ltd 2020 AR2
The report highlights V.S.T. Tillers Tractors Limited's performance and strategic initiatives for the fiscal year 2019-20. The company maintained a 46% market share in power tillers and 10% in compact tractors, despite challenging market conditions and COVID-19 disruptions. Key developments included a strategic alliance with Pubert for power weeders and a MoU with Zetor to develop higher horsepower tractors. VST also launched 'GroTech' crop-specific solutions to enhance agricultural productivity. On the sustainability front, the company invested INR 67.96 lakhs in eco-friendly initiatives, including installing 700 KW of solar power and water treatment systems that reuse up to 70% of daily water.
Company: V.S.T. Tillers Tractors Ltd
Sector: Industrials
Country: India
Year: 2020
Type: AR2
Pages: 124
V.S.T. Tillers Tractors Ltd
Annual Report
The report highlights V.S.T. Tillers Tractors Limited's performance and strategic initiatives for the fiscal year 2019-20. The company maintained a 46% market share in power tillers and 10% in compact tractors, despite challenging market conditions and COVID-19 disruptions. Key developments included a strategic alliance with Pubert for power weeders and a MoU with Zetor to develop higher horsepower tractors. VST also launched 'GroTech' crop-specific solutions to enhance agricultural productivity. On the sustainability front, the company invested INR 67.96 lakhs in eco-friendly initiatives, including installing 700 KW of solar power and water treatment systems that reuse up to 70% of daily water.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
Jul 2, 2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees