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VST Tillers Tractors achieves 289 Tractors and 1220 Power Tiller Sales in October 2023

VST Tillers Tractors achieves 289 Tractors and 1220 Power Tiller Sales in October 2023 image
By Team Tractor Gyan
01 Nov, 2023
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Vst Tillers Tractors Ltd. a prominent name in the Indian tractor industry, has released its sales figures for October 2023. The report indicates that the company successfully sold 289 tractors and 1220 power tillers during October 2023.

This blog delves into the sales data of Vst Tillers Tractors Ltd. for October 2023 and draws comparisons with the corresponding figures from October 2022.

Particulars For the current period (in Nos.) For the corresponding period (in Nos.)
October - 2023     Year to date October - 2022 Year to date
Power Tillers 1220 21074 1368 19348
Tractors 289 3213 474 3849
Total (Tillers & Tractors in Nos) 1509 24287 1842 23197

Power Tiller Sales

In October 2023, VST sold 1220 power tillers, a decrease from the 1368 power tillers sold in October 2022. This represents a decline of 148 units in year-over-year (YoY) sales.

However, when looking at the year-to-date figures, we see a positive trend. Year-to-date sales of power tillers in October 2023 reached 21074, which is higher than the 19348 power tillers sold during the same period in 2022.

Tractor Sales

In October 2023, VST sold 289 tractors, down from the 474 tractors sold in October 2022, reflecting a YoY decrease of 185 units.

The year-to-date figures also reveal that Year-to-date sales of tractors in October 2023 were 3213 which was less in comparison to the 3849 tractors sold during the same period in 2022.

Total Sales

In October 2023, the combined sales of power tillers and tractors reached 1509 units, down from the 1842 units sold in October 2022. This represents a decline of 333 units in YoY sales.

Year-to-date data for 2023 shows an overall growth in sales. In 2023, year-to-date sales of both power tillers and tractors amounted to 24287, compared to 23197 units during the same period in 2022.

Conclusion

The sales report for October 2023 shows a mixed trend in the sales volume of tractors and power tillers. However, the overall sales volume of tractors and power tillers for the year-to-date period is higher than the previous year's sales volume, indicating a positive growth trend for Vst Tillers Tractors Ltd. in the Indian market.

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