VST Tractor Sales Report Nov 2023: Experience Shifts in Sales Figures, 295 Tractors & 1801 Power Tillers Sold
VST Tillers & Tractors presented the Year-to-Date Tillers & Tractor Sales Report for November 2023, offering a comprehensive overview of the company's performance throughout the year.
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In the latest Tractor Sales Report released by VST Tillers & Tractors for November 2023, the company faced a notable decline in domestic tractor sales. While November 2022 saw the sale of 547 tractors, this figure dropped to 295 units in November 2023, indicating a significant decrease of 46.07%. The report sheds light on the current dynamics within the domestic tractor market for VST.
Power Tillers: A Significant 11.93% Drop
Similarly, the Power Tiller segment experienced a decline in sales for VST in November 2023. The company sold 1801 power tillers during the month, compared to 2045 units in November 2022, marking a substantial 11.93% decrease. This decline reflects the fluctuations in demand and market conditions for power tillers.
Year-to-Date (YTD) Sales Report: Tiller Sales Surge, Tractors Witness a Dip
VST Tillers & Tractors presented the Year-to-Date Tillers & Tractor Sales Report for November 2023, offering a comprehensive overview of the company's performance throughout the year.
Also Read: Mahindra Tractor Sales Report Nov 2023: Sales Surge, Achieves 6% Growth with 31,069 Units Sold
VST Tractor Sales Data:
Particulars |
Nov 2023 |
Nov 2022 |
Change % |
YoD FY’23 |
YoD FY’ 22 |
Change % |
Power Tiller |
1801 |
2045 |
-11.93% |
29180 |
282024 |
6.92% |
Tractors |
295 |
547 |
-46.07% |
1348 |
12547 |
-20.2% |
Total Power Tillers & Tractor Sales (in Nos) |
2096 |
2592 |
-19.13 |
30528 |
294571 |
2.3% |
Also Read: Escorts Kubota November Tractor Sales Grow By 6.7% Despite Export Decline
Power Tillers YTD: A Profit of 6.92%
In the power tiller segment, VST recorded a notable profit, with tiller sales reaching 22,875 units YTD in November 2023, compared to 21,393 units in November 2022. This marks a profit of 6.92%, showcasing the company's resilience and success in the power tiller market.
Tractors YTD: A Decline of 20.2%
Contrastingly, the Year-to-Date tractor sales for VST in November 2023 depict a decline of 20.2%. While the company sold 4,396 tractors in November 2022, the figure dropped to 3,508 units in the same period in 2023. The report suggests a challenging landscape for tractor sales in the current market environment.
VST Tillers & Tractors continues to navigate through these market dynamics, adapting to changes in demand and consumer preferences. The sales reports serve as crucial indicators for stakeholders and enthusiasts, providing insights into the performance and trends within the agricultural machinery sector.
Also Read: PM Modi Launches Pradhan Mantri Mahila Kisan Drone Kendra to Empower Women in Agriculture
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