Tractor exports grew 54% in H1, says farm equipment firm VST

0
35
Tractor exports grew 54% in H1, says farm equipment firm VST


VST Tillers Tractors Limited (VST), a farm equipment producer primarily based in Bengaluru, statedĀ its tractor exports grew 54% in the primary two quarters of FY24 in comparison with the identical interval a yr earlier.

Also, buoyed by the home demand for tractors, the corporate launched six tractors underneath its Series 9 vary in the September quarter which had been already receiving goodĀ responses from clients, it stated in a press release on Tuesday.

During H1, the farm equipment firm achieved a turnover of ₹524.65 crore in comparison with ₹470.13 crore through the corresponding half-year the sooner yr, posting a 11.6% progress. It’s internet revenue for the interval stood at ₹69.44 crore as towards ₹32.79 crore a yr earlier, indicating a 112% bounce.



Source hyperlink