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VST Tillers Tractors February auto sales spurt 29% YoY to 3,436 units

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Capital Market
Last Updated : Mar 02 2022 | 12:16 PM IST

VST Tillers Tractors advanced 2.98% to Rs 2,675.30 after the company's total sales jumped 28.88% to 3,436 units in February 2022 from 2,666 units sold in February 2021.

Sequentially, the company's total sales fell 5.75% in February 2022 from 3,646 units sold in January 2022.

The company's power tillers sales grew 39.50% to 3,012 units in February 2022 from 2,159 units in February 2021. Total tractor sales stood at 468 units in February 2022, 27.66% lower than 647 units sold in February 2021.

VST Tillers Tractors' net profit dropped 31.7% to Rs 21.05 crore on a 2.7% increase in net sales to Rs 208.44 crore in Q3 FY22 over Q3 FY21.

VST Tillers Tractors is engaged in the manufacturing of power tillers and tractors.

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First Published: Mar 02 2022 | 9:34 AM IST

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