VST Tractor Sales Report September 2024: 473 Tractors and 2110 Power Tillers Sold

Vst Tractor Sales report for september 2024

VST recently published its sales data for September 2024. The company's tractor and power tiller continues to meet with mixed results. In September 2024, VST sold 2,583 units compared to 2,624 during the same period in the previous year, thereby witnessing a decline of 1.67%.

In September 2024, VST sold 2,110 power tillers, a relatively minor gain of 0.86% more units sold than the 2,092 from the last year. Tractor sales for the company show a notable change. VST sold only 473 units, an extreme decline of 11.59% from 535 units sold during the same month last year. Sales for tractors and power tillers in September 2024 totalled 2,583. 

In comparison with 2,627 units sold during the corresponding month last year, it declined marginally by 1.67%.

VST Tillers Tractor Sales Data 2024 - A Summary

The Year-to-Date (YTD) performance for 2024 for VST has been critical. The brand recorded reduced sales of power tillers, selling 17,325 units compared to the 19,854 sold in the last year; that represents a fall of 12.74%. The figure for tractor sales also reported a fall by selling 2,599 units by the end of 2024, compared to 2,924 units sold at the same point last year, falling 11.11%.

During 2024, VST sold 19,924 units of power tillers and tractors, an equivalent decline of 12.53% from the 22,778 units sold in 2023.

VST Tillers Tractor Sales India 2024 - Year-to-Date

In conclusion, while VST managed to achieve a modest increase in power tiller sales in September, the overall sales performance of both tractors and power tillers remains a concern, particularly when examining the year-to-date figures. The significant declines across both segments indicate that market challenges need to be addressed to regain momentum.