Tractor News

VST Tillers Sales Soar: 10.42% Year-to-Date Growth for Company in September 2023

In September 2023, the company recorded 19,854 tiller sales, showing a 10.42% growth from the 17,980 units reported in September 2022, marking a profitable performance year to date.

VST Tillers Sales Soar: 10.42% Year-to-Date Growth for Company in September 2023
VST Tillers Sales Soar: 10.42% Year-to-Date Growth for Company in September 2023

VST Tractors, a prominent name in the tractor industry, released its recent sales report. This report provides valuable insights into their performance and trends in the market.

VST Tillers & Tractor, in its report for September 2023, disclosed its monthly sales performance on October 2, 2023. As per the official statement, the company registered the sale of 535 domestic tractors in the specified period, reflecting an 8.7% reduction from the 586 tractors sold in September 2022.

On a positive note, VST saw an increase in monthly sales for power tillers this September. In September 2023, the company sold 2,092 power tillers, indicating a 1.06% growth compared to the 2,070 units sold a year ago.

VST Tillers Tractor Sales Report, 2023

Particulars

September 2023

September 2022

Change

Power Tillers

2092

2070

1.06%

Tractors

535

586

-8.7%

Total Power Tiller & Tractor Sales (no.)

2627

2656

-1.09%

Also Read:- M&M Tractor Sales: 11% Decline in Domestic Market, 27% in Exports for September 2023

Year To Date Sales Report 2023 (YTD)

VST Tillers has also released its Year to Date (YTD) Sales Report, providing an overview of its sales performance. The report indicates that the company achieved a significant 10.42% increase in tiller sales, with 19,854 units sold in September 2023 compared to 17,980 units in the previous year.

Conversely, in the tractor segment, the YTD sales for September 2023 amounted to 2,924 units, marking a decline of 13.36% from the 3,375 units sold in the same period the previous year.

Year to Date (YDT) VST Tillers Tractor Sales Report 2023, India

Particulars

Year to Date 2023

Year to Date 2022

Change in %

Power Tiller

19854

17980

10.42%

Tractors

2924

3375

-13.36%

Total Power Tiller & Tractor Sales

22778

21355

6.66%

 Also Read:- Fendt Unveils Electric e107V Tractor at Agritechnica, Orders Open in 2024

These figures offer valuable insights into the company's performance and the dynamics of the agricultural machinery market. VST Tillers continues to navigate these challenges and opportunities in the industry.

Also Read:- Mahindra Empowers Skilled Workforce, 10 Employees Embark on Transformative Journey to Japan

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