The tractor manufacturer's total sales increased 38.53% to 3,372 units in December 2024 from 2,434 units sold in December 2023.
Sequentially, the company's total sales jumped 49.80% in December 2024 from 2,251 units sold in November 2024.
The company's power tiller sales grew 47.47% to 3,007 units in December 2024 from 2,039 units in December 2023. On the other hand, total tractor sales dropped 7.59% to 365 units during the month as against 395 units sold in August 2022.
VST Tillers Tractors is engaged in the business of manufacturing power tillers and diesel engines.
The company's consolidated net profit dropped 31.9% to Rs 22.47 crore in Q1 FY25 as compared with Rs 32.99 crore in Q1 FY24. Net sales fell 22.6% year on year to Rs 190.59 crore in Q1 FY25.
The counter rose 0.22% to Rs 5,261.70 on the BSE
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