Sequentially, the companys total sales surged 33.67% in December 2021 from 2,723 units sold in November 2021.
The companys power tillers sales grew 34.89% to 3,089 units in December 2021 from 2,290 units in December 2020. Total tractor sales stood at 551 units in December 2021, 1.66% higher than 542 units sold in December 2020.
VST Tillers & Tractors net profit rose 7.4% to Rs 32.15 crore on a 5.9% surge in net sales to Rs 233.46 crore in Q2 FY22 over Q2 FY21.
Shares of VST Tillers & Tractors advanced 2.16% to close at Rs 2,765.25 on Friday, 31 December 2021. VST Tillers Tractors is engaged in the manufacturing of power tillers and tractors.
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