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Published - 01 Nov 2024
VST recently published its October 2024 sales data, which showed inconsistent results in both its tractor and power tiller segments. In comparison to October 2023, the company sold 2,463 units overall in 2024, an increase of 63.23%.
In October 2024, VST sold 1,783 power tillers, an increase of 46.15% over the 1,220 units sold during the same time the previous year. Tractor sales for the company, however, reflect a notable change. In October 2024, VST sold 680 tractor units, a notable 135.30% increase from the 289 units sold in the same month in 2023. In October 2024, total sales of tractors and power tillers totalled 2,463 units, indicating an immense growth of 63.23% from the 1509 units sold in the same month the previous year.
| Particulars | October-2024 (in Nos.) | October-2023 (in Nos.) | Change% |
|---|---|---|---|
| Power Tillers | 1,783 | 1,220 | +46.15% |
| Tractors | 680 | 289 | +135.30% |
| Total | 2,463 | 1,509 | +63.23% |
The Year to Date (YTD) statistics show that VST's performance has had more mixed outcomes. Sales of VST power tillers have dropped; in 2024, the business sold 19,108 units, down -9.33% from 21,074 units sold for the same period in 2023. On the other hand, tractor sales saw a slight increase with 3,279 units sold in 2024 with an increase of 2.05% from 3,213 units sold at the same point in 2023.
The company's overall power tiller and tractor sales for the year 2024 came to 22,387 units, down 7.83% from the 24,287 units sold in 2023.
| Particulars | Year to Date 2024 | Year to Date 2023 | Change% |
|---|---|---|---|
| Power Tillers | 19,108 | 21,074 | -9.33% |
| Tractors | 3,279 | 3,213 | +2.05% |
| Total | 22,387 | 24,287 | -7.83% |
In conclusion, VST’s sales performance in 2024 presented mixed outcomes. In October, the company achieved impressive growth, with tractor sales seeing a significant increase and power tiller sales also rising. However, on a year-to-date basis, power tiller sales declined, affecting total sales, despite a modest improvement in tractor sales.
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Mahindra युवो टेक प्लस 575
47 HP | 2023 Model | Ujjain, Madhya Pradesh
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