VST Tractor Sales Report October 2024: Sold 680 Tractors & 1783 Power Tillers

Published - 01 Nov 2024 by Tractor Junction

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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.

VST Tillers Tractor Sales Data October 2024 - A Summary

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.

VST Tillers Tractor Sales India 2024 - Year to Date

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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