Published - 01 Jan 2025
by Tractor Junction
VST recently published its Dec 2024 sales data, which showed inconsistent results in both its tractor and power tiller segments. In comparison to December 2023, the company sold 3,372 units overall in 2024, an increase of 38.5%.
In Dec 2024, VST sold 3,007 power tillers, an increase of 47.5% over the 2,039 units sold during the same time the previous year. Tractor sales for the company, however, reflect a notable change. In December 2024, VST sold 365 tractor units, a decrease of 7.6% from the 395 units sold in the same month in 2023.
In Dec 2024, total sales of tractors and power tillers totalled 3,372 units, indicating an increase of 38.5% from the 2,434 units sold in the same month the previous year.
Particulars | December-2024 (in Nos.) | December-2023 (in Nos.) | Change% |
---|---|---|---|
Power Tillers | 3007 | 2039 | 47.5% |
Tractors | 365 | 395 | -7.6% |
Total | 3372 | 2434 | 38.5% |
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 24,019 units, down 3.6% from 24,914 units sold for the same period in 2023. On the other hand, tractor sales saw a slight increase, with 3,997 units sold in 2024, an increase of 2.4% from 3,903 units sold at the same point in 2023.
The company's overall power tiller and tractor sales for the year 2024 came to 28,016 units, down 2.8% from the 28,817 units sold in 2023.
Particulars | Year to Date 2024 | Year to Date 2023 | Change% |
---|---|---|---|
Power Tillers | 24019 | 24914 | -3.6% |
Tractors | 3997 | 3903 | 2.4% |
Total | 28016 | 28817 | -2.8% |
In summary, VST's 2024 sales performance showed a range of results. Although tractor sales dropped in December, the company's overall sales grew, with power tiller sales rising significantly. Even though tractor sales have somewhat increased, overall sales have been impacted by the drop in power tiller sales so far this year.
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