VST Saw 36.33% Tillers Tractors Sales Increase in May 2022

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The multipurpose farm equipment company VST saw a massive growth of 36.33% in May. It generated 3,628 units of tractor sales and saw massive growth in May sales compared to last year. The company also made record sales for the tillers and tractors categor

Suraj

By Suraj

Oct 16, 2023 19:11 pm IST
3.24 k

The multipurpose farm equipment company VST saw a massive growth of 36.33% in May. It generated 3,628 units of tractor sales and saw massive growth in May sales compared to last year. The company also made record sales for the tillers and tractors category.

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VST tillers and tractors sales report in May 2022 says that its sales increased 27.65% in May against April. And here, they sold 3,037 units against 2,842 units in April 2022. However, last year in May, this company sold 2061 units.

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For the power tillers, the sales were almost constant. Because this May company generated 591 units sales and last year it was 600 units in May. Hence, in the power tiller segment, the company saw 1.5% fewer sales than last year.

VST manufactures tractors and tillers in both segments. Hence, the expected net profit is 70%, which is near 22.1 crore rupees. Also, it can see a 12.1% increase in net sales that clocks to Rs 218.3 crore in Q4 of 2022 against Q4 of 2021.

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