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VST has released its October 2024 sales figures, which revealed mixed outcomes for its power tiller and tractor divisions. The firm sold 2,463 units in total in 2024, a 63.23% increase from October 2023.
In comparison to the 1,220 power tillers sold in the same period last year, VST sold 1,783 power tillers in October 2024, a 46.15% increase. On the other hand, the company's tractor sales show a significant shift. In comparison to the 289 tractor units sold in October 2023, VST sold 680 tractor units in October 2024, a remarkable 135.30% increase. Tractor and power-tiller sales in October 2024 came to 2,463 units, an incredible 63.23% increase over the 1509 units sold in the same month the year before.
| 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% |
Year-to-date (YTD) data indicates that VST's performance has produced more inconsistent results. In 2024, VST Power Tillers sold 19,108 units, a -9.33% decrease from the 21,074 units sold during the same time in 2023. However, sales of tractors increased little in 2024, rising by 2.05% to 3,279 units sold compared to 3,213 units sold at the same time the previous year.
The firm sold 22,387 power tillers and tractors in 2024, a 7.83% decrease from the 24,287 sold in 2023.
| 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% |
Thus, 2024 sales performance results for VST can have mixed outcomes. For instance, in October, the company reported significant growth with an enormous rise in tractor and power tiller sales. But its power tiller sales showed a year-to-date fall that had a weight upon total sales while modest growth was reported in the tractor segment.
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