Published - 02 Dec 2024 by Tractor Junction
VST released its sales data for the month of November 2024. The tractor and power tiller sectors both show immense growth. This year, the company sold a total of 2,251 units, with a 7.40% increase. It is higher than the last sales data of the same month, which is 2,096 units.
VST sold 1,904 power tillers in Nov 2024. A 5.72% increase over the 1,801 units sold in the same time the previous year. However, growth in the tractor market was much more impressive. The company sold 347 tractor units, a notable 17.63% increase over the 295 units sold in November 2023.
The steady growth in both segments shows VST's strong performance in this month. This growth is driven by higher demand for its products. It also helps the company stay a key player in the agricultural equipment market.
Particulars | November-2024 (in Nos.) | November-2023 (in Nos.) | Change (%) |
---|---|---|---|
Power Tillers | 1904 | 1801 | 5.72% |
Tractors | 347 | 295 | 17.63% |
Total | 2251 | 2096 | 7.40% |
For VST, the 2024 year-to-date (YTD) sales show a range of outcomes. Overall sales were 24,638 units, a 6.61% decrease from the 26,383 sold during the same time in 2023.
This year, power tiller sales fell. During this period in 2024, VST sold 21,012 units, a decline of 8.14% from the 22,875 units sold in 2023. On the other hand, the market for tractors expanded well. The business sold 3,626 tractor units in 2024, up 3.36% from 3,508 units sold during the same time prior year.
Particulars | Year to Date 2024 | Year to Date 2023 | Change (%) |
---|---|---|---|
Power Tillers | 21,012 | 22,875 | -8.14% |
Tractors | 3,626 | 3,508 | 3.36% |
Total | 24,638 | 26,383 | -6.61% |
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