01 Oct, 2022
Faridabad, October 1st, 2022: Escorts Kubota Limited Agri Machinery Segment (Farmtrac tractor, Powertrac tractor and Digitrac tractor) in September 2022 sold 12,232 tractors, our highest ever September sales, registering a growth of 38.7% as against 8,816 tractors sold in September 2021.
Domestic tractor sales in September 2022 was at 11,384 tractors registering a growth of 42.7 percent as against 7,975 tractors sold in September 2021. Overall macroeconomic factors and farmer sentiments remain positive led by “above normal” monsoon and onset of an early festive season. We expect good momentum to continue in current festive season.
Export tractor sales in September 2022 was at 848 tractors registering a growth of 0.8 percent as against 841 tractors sold in September 2021.
Sales figure are as follows:
|Particulars||September||Q2 (July-September)||YTD (April-September)|
|FY23||FY22||% Change||FY23||FY22||% Change||FY23||FY22||% Change|
FY- Financial Year from April to March Q2- Quarter ended September YTD- Year Till Date
“Escorts Kubota Limited (formerly Escorts Limited) is one of India's leading engineering conglomerate with over seven decades of experience in manufacturing excellence. Aligned to its purpose led existence of Spreading Prosperity & Impacting Lives, it has helped accelerate India’s socio-economic development through its presence across the high growth sectors of agricultural mechanization, modernization of railway technology and transformation of Indian construction. The company has diversified business across three different verticals, Agri Machinery, Construction Equipment & Railway Equipment Division. The company is committed to excellence in engineering, innovation in products, development of market-relevant technologies and the highest of cost efficiencies to create value for its customers and shareholders. The Group has earned the trust of over 5 million customers by way of product and process innovations and endeavours to contribute to global food security and smart infrastructure.”
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Escorts Kubota sold 11,384 tractors in September 2022.
Escort Kubota exports a total of 848 tractors in September 2022.
In September 2021, Escorts Kubota sales were 8,816 while the total tractor sales in September 2022 is 12,232.
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