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VST Tractor and Power Tillers Sales Report December 2024: 365 Tractors & 3007 Power Tillers Sold


By Robin Kumar AttriUpdated On: 01-Jan-25 12:17 PM
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ByRobin Kumar AttriRobin Kumar Attri |Updated On: 01-Jan-25 12:17 PM
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VST reports mixed sales for December 2024: strong power tiller growth, declining tractor sales, and overall 38.5% growth.
VST Tractor and Power Tillers Sales Report December 2024: 365 Tractors & 3007 Power Tillers Sold
VST Tractor and Power Tillers Sales Report December 2024: 365 Tractors & 3007 Power Tillers Sold

Key Highlights

  • Sold 3,007 power tillers in Dec 2024, up 47.5%.
  • Tractor sales dropped 7.6% to 365 units in Dec 2024.
  • Total Dec 2024 sales rose 38.5% to 3,372 units.
  • YTD power tiller sales fell 3.6% to 24,019 units.
  • YTD tractor sales grew 2.4% to 3,997 units.

VST has shared its sales report for December 2024, showing mixed results for its tractors and power tillers. The company achieved significant growth in total sales, with a rise of 38.5% compared to December 2023.

Also Read: Mahindra Tractor Sales Rise in December 2024, Showing 22% Growth

Power Tillers: Strong Growth in December

In December 2024, VST sold 3,007 power tillers, marking a 47.5% increase from the 2,039 units sold in December 2023. This indicates a strong demand for power tillers, contributing significantly to the company’s performance.

Tractors: Decline in Monthly Sales

Tractor sales, however, showed a drop in December 2024. VST sold 365 tractor units, down 7.6% from the 395 units sold during the same month last year.

Overall December 2024 Sales

In total, VST sold 3,372 tractors and power tillers in December 2024, a 38.5% increase from the 2,434 units sold in December 2023.

December 2024 Sales Summary

Particulars

December 2024

December 2023

Change (%)

Power Tillers

3,007

2,039

+47.5%

Tractors

365

395

-7.6%

Total

3,372

2,434

+38.5%

Year-to-Date (YTD) 2024 Performance

For the full year of 2024, VST’s sales performance showed mixed results:

  • Power Tillers: The company sold 24,019 units, a decline of 3.6% compared to 24,914 units sold in 2023.
  • Tractors: VST saw a slight improvement, with 3,997 units sold in 2024, up 2.4% from 3,903 units in 2023.

Overall, VST sold 28,016 units (power tillers + tractors) in 2024, a 2.8% drop compared to 28,817 units sold in 2023.

Year-to-Date Sales Summary

Particulars

YTD 2024

YTD 2023

Change (%)

Power Tillers

24,019

24,914

-3.6%

Tractors

3,997

3,903

+2.4%

Total

28,016

28,817

-2.8%

Also Read: Escorts Kubota Tractor Sales Report December 2024: 5,016 Tractors Sold with 12.5% Decline

CMV360 Says

VST’s December 2024 performance highlights a strong rise in power tiller sales but a drop in tractor sales. The company’s total sales for the year reflect a mixed trend, with slight growth in tractor sales but a decline in power tiller sales. While December showed positive growth overall, the year-to-date numbers suggest challenges for VST in maintaining consistent sales across its product segments.

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