18,110 Escorts Kubota Tractor Sold in October 2024, Show 19.8% Growth YoY

01 Nov, 2024

Escorts Kubota Ltd. released its October 2024 wholesale tractor sales numbers in both the domestic and export markets. It is their highest monthly sales ever registered. Escorts Kubota is one of the largest tractor companies in India, and its tractors are known for being exceptionally proficient.

Escorts Kubota Wholesale Domestic Tractor Sales in October 2024

Escorts Kubota sold 17,839 units in October 2024. It is 22.6% more than the 14,550 units sold in the same month last year. The reason behind record wholesale sales is an increase in the demand for tractors due to the occurrence of various festivals. 

Other factors leading to this growth are increased MSP and above-average rainfall that resulted in higher water reservoir levels. After a successful Kharif harvest and getting ready for the Rabi season, there is still a steady market for tractors. 

Escorts Kubota wholesale Export Tractor Sales in October 2024

In October 2024, Kubota exported 271 units, which is 51.9% less than the 563 units it sold in October 2023. 

Escorts Kubota Wholesale Total Tractor Sales in October 2024

In October 2024, Escorts Kubota (Farmtrac tractor and Powertrac tractor) sold 18,110 tractors in the Domestic and export market, up 19.8% from 15,113 tractors sold in October 2023. 
 

FY- Financial Year from April to March 

Escorts Kubota Wholesale Tractor Sales in April-October 2024

Escorts Kubota's wholesale tractor sales were 74,475 tractors from April to October 2024, which is an increment of 1.2% from the previous year's 73,607 tractor sales. Favorable weather, good monsoon rainfall, and the company's ability to produce models customized to the Indian agricultural sector's changing needs all contributed to this consistent expansion.
 

M- Month