VST Tillers Tractors Reports 34.7% Sales Growth in September
VST Tillers Tractors achieved total sales of 3,480 units in September, a 34.70% increase from the previous year. Power tiller sales reached 3,002 units, while tractor sales accounted for 480 units. Year-to-date sales grew by 37.60% to 27,405 units. The company's quarterly results showed significant improvements, with net profit increasing by 96.50% to ₹44.20 crore and revenue rising by 48.20% to ₹282.50 crore. EBITDA margin improved from 7.00% to 13.30%.

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VST Tillers Tractors , a leading agricultural machinery manufacturer, has reported a significant increase in sales for September, with overall growth driven by strong performance in both power tillers and tractors.
Overall Sales Performance
VST Tillers Tractors reported total sales of 3,480 units in September, marking a 34.70% increase from 2,583 units in the same period last year. This impressive growth has been driven by strong performance across both power tillers and tractors.
Power Tiller Sales
Power tillers dominated the company's sales with 3,002 units sold in September. This segment has been a key driver of the company's overall performance for the month.
Tractor Sales
Tractor sales accounted for 480 units in September, contributing to the company's robust sales figures.
Year-to-Date Performance
The company's year-to-date sales have shown remarkable growth, increasing by 37.60% to 27,405 units compared to 19,924 units in the previous year. This strong performance indicates sustained demand for VST Tillers Tractors' agricultural machinery products.
Financial Performance
VST Tillers Tractors' quarterly results demonstrated strong financial performance:
Metric | Current | Previous | Change |
---|---|---|---|
Net Profit | ₹44.20 crore | ₹22.50 crore | 96.50% |
Revenue | ₹282.50 crore | ₹190.60 crore | 48.20% |
EBITDA | ₹37.60 crore | ₹13.40 crore | 180.60% |
EBITDA Margin | 13.30% | 7.00% | 6.30% |
Market Implications
The substantial growth in both power tiller and tractor sales suggests a strong demand for agricultural mechanization across various farm sizes. This could be indicative of increasing adoption of farm mechanization among farmers, or possibly government initiatives supporting farm equipment purchases.
VST Tillers Tractors' strong performance in both segments reflects its solid market position in the agricultural machinery sector. The company's ability to nearly double its net profit while significantly increasing revenue demonstrates effective operational management and potentially improved market share.
Investors and market analysts will likely be watching to see if VST Tillers Tractors can maintain this growth momentum in the coming months, particularly given its impressive financial results and sales figures across both power tillers and tractors.
Historical Stock Returns for VST Tillers Tractors
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.63% | +1.82% | +4.36% | +50.40% | +24.66% | +236.48% |