Escorts Kubota Tractor Sales Experience 7.2% Down in FY'24; 16.7% Down in March 2024

01 Apr, 2024

Escorts Kubota is a trusted name in both domestic & international tractor markets and with the approaching end of FY'24, it’s time to review Escorts Kubota Tractor Sales in FY’24 performance.

This is why TractorGyan tracked the month-on-month performance of Escorts Kubota and provided you with a crisp overview of Escorts Kubota FY'24 sales.

Escorts Kubota Tractor Sales in March 2024 

Last month of financial year FY’24, March 2024, remained a little dull for Escorts Kubota as it demonstrated a significant drop in YoY sales in total, domestic, and export tractor sales. 
The total Escorts Kubota tractor sales in March 2024 is 8,587 units, out of which 8,054 tractors were sold in domestic markets and 533 tractors were sold in export markets. The total Escorts Kubota tractor sales in March 2023 was 10,305 units and domestic and export market breakdown was 9,601 units and 704 units. This way, Escorts Kubota experienced a drop of 16.7%, 16.1%, and 24.3% in YoY total, domestic, and export sales. 

Overview of Escorts Kubota Domestic and Export Tractors Sales in Financial Year 2024

For FY'24, Escorts Kubota (Farmtrac tractor and Powertrac tractor) recorded a laudable growth in only four months, May 2023, June 2023, July 2023, and November 2023, for the domestic tractor market.

In export markets, FY’24 Escorts Kubota was a little slow as no month demonstrated a noticeable growth.

Monthly Escorts Kubota Tractor Sales in 2024

FY- Financial Year from April to March

Escorts Kubota Tractor Sales in FY’24

The total Escorts Kubota tractor sales for FY'24 is 95,858 units against the 1,03,290 units sales in FY’23. This way, Escorts Kubota demonstrated a drop of 7.2% in total YoY tractor sales.

The total Escorts Kubota FY'24 tractor sales for domestic markets is 90,239 units while it was 95,266 units in FY’23. With this recorded sale, Escorts Kubota experienced a drop of 5.3% in YoY sales. In export markets, Escorts Kubota FY '24 tractor sales are 5,619 units against the 8,024 units sold in FY’23. This way, Escorts Kubota experienced a drop of 30% in YoY export market sales.