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As on 01-Dec-2023  12:37

VST Tillers November sales slides 19% YoY
Sequentially, the company's total sales jumped 38.9% in November 2023 from 1,509 units sold in October 2023.

The company's power tillers sales declined 11.93% to 1,801 units in November 2023 as against 2,045 units sold in November 2022. Tractor sales dropped 46.07% to 295 units in November 2023 as compared with 547 units sold in November 2022.

VST Tillers Tractors is engaged in the business of manufacture of Power Tillers and Diesel Engines.

The company's standalone net profit jumped 60.3% to Rs 36.45 crore in Q2 FY24 as compared with Rs 22.74 crore in Q2 FY23. Net sales increased 18.9% year on year to Rs 278.51 crore in Q2 FY23.

The scrip shed 0.08% to Rs 4,113.50 on the BSE.

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