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VST Tillers & Tractor April Sales Report 2023: Saw Decline in Overall Sales

According to the VST tractor sales report, the number of tractors sold in April 2023 was 412, which is lesser than the 507 tractors sold in April 2022.

VST Tillers & Tractor April Sales Report 2023: Saw Decline in Overall Sales
VST Tillers & Tractor April Sales Report 2023

VST Tillers & Tractor sales report for April 2023 has been revealed, confirming that overall 2202 units were sold during the month of April. However, VST tractor sales data show a decrease, with only 412 units sold in April 2023, compared to 507 units sold in the same period last year.

On the other hand, VST power tiller sales for April 2023 were reported at 1790 units, showing a significant decrease from the 2355 units sold in April 2022. These statistics indicate a clear fall in the sales of VST power tillers and tractors in India.

VST Tillers & Tractor Overall Sales Report April 2023

Particulars

April 2023

April 2022

% Change

Power tillers

1790

2355

-24%

Tractors

412

507

-19%

Total sales

2202

2862

-23%

 

According to the VST tractor sales report, the number of tractors sold in April 2023 was 412, which is lesser than the 507 tractors sold in April 2022. This indicates a decrease in sales for April 2023, with a difference of 95 tractors sold.

This information suggests that VST tractor manufacturer experienced a negative trend in sales during April 2023 compared to the same month in the previous year.

In April 2023, the total sales of power tillers witnessed a substantial decrease of 1790 units compared to the same month in the previous year, when the sales stood at 2355 units. This indicates a negative trend in the sales of power tillers, with only 565 units sold. The decline in sales of power tillers could be attributed to various factors such as El Nino weather patterns, severe heat waves, and unfavorable monsoons.

About VST Tillers and Tractor

The VST group of companies established VST Tillers Tractors Ltd. in 1967. Over the years, the company has consistently grown its sales in the tractor and power tiller market while also delivering excellent returns to its shareholders, as it holds a 51% stake in the publicly traded company. As a leading manufacturer of agricultural machinery in India, VST is renowned for its compact 4WD tractors, power tillers, and agricultural tractors, which it produces under the VST SHAKTI brand. The company's compact tractors have gained widespread popularity.

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