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Escorts Kubota registers growth with monthly sales of 6,649 tractors in January 2023, Up 16.5% YoY

Escorts Kubota registers growth with monthly sales of 6,649 tractors in January 2023, Up 16.5% YoY

    Escorts Kubota registers growth with monthly sales of  6,649 tractors in January 2023, Up 16.5% YoY

01 Feb, 2023

Faridabad, February 1st, 2023: Escorts Kubota Limited Agri Machinery (Farmtrac tractorPowertrac tractor and Digitrac tractor) business in January 2023 sold 6,649 tractors, registering a growth of 16.5% as against 5,707 tractors sold in January 2022.

Domestic tractor sales in January 2023 were at 6,235 tractors registering a growth of 22.2 percent as against 5,103 tractors sold in January 2022. Retail demand across geographies remained strong. Crop prices, both in the wholesale market as well as the Minimum Support Prices (MSPs) are better than last year and growth trends are expected to continue during this quarter on the back of positive customer sentiments led by ample finance availability, better rabi sowing and early festive season in the month of March this year.

Export tractor sales in January 2023 was at 414 tractors as against 604 tractors sold in January 2022.

Sales figure are as follows:

Particulars January April - January (10M)
FY23 FY22 % Change FY23 FY22 % Change
Domestic  6,235   5,103  22.2%  78,420   71,874  9.1%
Export 414 604 -31.5% 6,754 6,166 9.5%
Total 6,649 5,707 16.5% 85,174  78,040 9.1%

FY- Financial Year from April to March                                                       M=Month   

About Escorts Kubota Limited

“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.”

https://images.tractorgyan.com/uploads/27796/63b27935ea26e_escorts-kubota-december-sales.jpg Escorts Kubota records growth with monthly sales of 5,573 tractors in December 2022, Up 18.7% YoY
Escorts Kubota Limited Agri Machinery Segment (Farmtrac tractor, Powertrac tractor and Digitrac tractor) in December 2022 sold 5,573 tractors, registe...
https://images.tractorgyan.com/uploads/28003/63da1f011c6c1_mahindra-january-sales-in-india.jpg Mahindra’s FES records 27626 tractor sales in India during January 2023, Up 31% YoY
Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for January 2023....
https://images.tractorgyan.com/uploads/28005/63da35a8593c4_vst-january-sales-in-india.jpg Vst sold 600 Tractors and 3706 Power Tillers in January, 2023
Finally, we are here with the VST tractor sales report for January 2023. According to the sales report, VST tractor tillers ltd sold 600 Tractors and ...

Recently Asked Question about Escorts Kubota registers growth with monthly sales of 6,649 tractors in January 2023, Up 16.5% YoY

How many tractors did Escorts Kubota sell in January 2023?

Escorts Kubota sold 6,649 tractors in January 2023.

How many tractors did Escort Kubota export in January 2023?

Escort Kubota exports a total of 414 tractors in January 2023.

What is the tractor sales performance of Escorts Kubota in January 2023 compared to January 2022?

In January 2023, Escorts Kubota sold 6,649 tractors, which is a decrease compared to the 5,707 tractors sold in January 2022.

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