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Escorts Kubota registers growth with monthly sales of 7,811 tractors in February 2023, Up 27.8% YoY

Escorts Kubota registers growth with monthly sales of 7,811 tractors in February 2023, Up 27.8% YoY

    Escorts Kubota registers growth with monthly sales of 7,811 tractors in February 2023, Up 27.8% YoY

01 Mar, 2023

Faridabad, March 1st, 2023: Escorts Kubota Limited Agri Machinery (Farmtrac tractorPowertrac tractor and Digitrac tractor) business in February 2023 sold 7,811 tractors, registering a growth of 27.8 percent as against 6,114 tractors sold in February 2022.

Domestic tractor sales in February 2023 were at 7,245 tractors registering a growth of 27.4 percent as against 5,686 tractors sold in February 2022. Retail demand across geographies remained strong. Overall positive sentiment, with record rabi sowing, better crop prices, good level of water reservoirs, increased Union budget allocations to rural and Agri sector, we expect demand momentum to remain strong across geographies.

Export tractor sales in February 2023 was at 566 tractors registering a growth of 32.2 percent as against 428 tractors sold in February 2022.

Sales figure are as follows:

Particulars February April - February (11M)
FY23 FY22 % Change FY23 FY22 % Change
Domestic  7,245   5,686  27.4%  85,665   77,560  10.4%
Export 566 428 32.2% 7,320 6,594 11.0%
Total 7,811 6,114 27.8% 92,985  84,154 10.5%

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.”

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Recently Asked Question about Escorts Kubota registers growth with monthly sales of 7,811 tractors in February 2023, Up 27.8% YoY

What is the growth rate of tractor sales for Escorts Kubota Limited's Agri Machinery business in February 2023 compared to February 2022?

In February 2023, Escorts Kubota Limited's Agri Machinery business experienced a growth rate of 27.8% in tractor sales compared to the same month in 2022.

What is domestic sales of Escort kubota in February 2023?

Escort kubota domestic tractor sales in February 2023 is 7,245.

How many tractors did Escort kubota export in February 2023?

Escort kubota exports a total of 566 tractors in February 2023.

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