VST announced its sales figures for November 2024, highlighting significant growth in both the tractor and power tiller segments. The company reported total sales of 2,251 units during the month, reflecting a 7.40% increase compared to the 2,096 units sold in November 2023.
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In the power tiller segment, VST achieved sales of 1,904 units, marking a 5.72% rise from the 1,801 units sold in the same period last year. The tractor segment, however, experienced even stronger growth, with sales reaching 347 units—an impressive 17.63% increase from the 295 units sold in November 2023.
This consistent growth across both sectors underscores VST‘s robust performance during the month. Increased demand for its products has contributed to this success, further solidifying the company’s position as a leading player in the agricultural equipment industry.
VST Year-to-Date Sales Performance for 2024
Particulars | November-2024 (in Nos.) | November-2023 (in Nos.) | Change (%) |
Power Tillers | 1904 | 1801 | 5.72% |
Tractors | 347 | 295 | 17.63% |
Total | 2251 | 2096 | 7.40% |
VST’s year-to-date (YTD) sales for 2024 reveal mixed results across segments. The company reported total sales of 24,638 units, a decline of 6.61% compared to the 26,383 units sold during the same period in 2023.
The power tiller segment experienced a downturn, with sales falling to 21,012 units in 2024—a drop of 8.14% compared to 22,875 units sold during the same period last year. In contrast, the tractor segment showed positive growth. VST sold 3,626 tractor units in 2024, a 3.36% increase from the 3,508 units sold in the corresponding period of 2023.
These results highlight challenges in the power tiller market while showcasing growth potential in the tractor segment.
VST Tillers Tractor Sales India 2024 – Year-to-Date Overview
Particulars | Year to Date 2024 | Year to Date 2023 | Change (%) |
Power Tillers | 21,012 | 22,875 | -8.14% |
Tractors | 3,626 | 3,508 | 3.36% |
Total | 24,638 | 26,383 | -6.61% |
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