Sequentially, the companys total sales fell 5.75% in February 2022 from 3,646 units sold in January 2022.
The companys 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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