VST issued its December 2024 sales data with mixed figures. Total units sold were 3,372 units in December 2024, representing a 38.5% increase from 2,434 units in December 2023. On the other hand, power tiller sales increased robustly; 3,007 units were sold, a 47.5% increase from 2,039 units sold during December 2023. On the other hand, tractor sales declined to 365 units sold in December 2024, down by 7.6% from 395 units sold in December 2023.
Particulars | December-2024 (in Nos.) | December-2023 (in Nos.) | Change% |
Power Tillers | 3007 | 2039 | 47.50% |
Tractors | 365 | 395 | -7.60% |
Total | 3372 | 2434 | 38.50% |
VST's Year-to-Date (YTD) statistics show mixed results. Sales of VST power tillers have decreased, with the company selling 24,019 units in 2024, which is a 3.6% decline from 24,914 units sold during the same period in 2023. On the other hand, tractor sales saw a small increase, with 3,997 units sold in 2024, marking a 2.4% rise from 3,903 units sold at the same time in 2023. Overall, the company’s combined power tiller and tractor sales for 2024 amounted to 28,016 units, which is a 2.8% decrease compared to the 28,817 units sold in 2023.
Particulars | Year to Date 2024 | Year to Date 2023 | Change% |
Power Tillers | 24019 | 24914 | -3.60% |
Tractors | 3997 | 3903 | 2.40% |
Total | 28016 | 28817 | -2.80% |
VST's 2024 sales performance presented mixed results. Despite a decline in tractor sales in December, the company experienced overall growth, driven by a strong rise in power tiller sales. However, while tractor sales showed a small increase, the drop in power tiller sales impacted the overall performance for the year.
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