Enquiry icon
Enquiry Form

Escorts reports weak Operational numbers, Tractor volumes down 14% YoY at 21051 units

Escorts reports weak Operational numbers, Tractor volumes down 14% YoY at 21051 units

    Escorts reports weak Operational numbers, Tractor volumes down 14% YoY at 21051 units

29 Jul, 2019

Escorts India sold 21,051 tractors during the June quarter of the ongoing financial year, the company said in its regulatory filings, down 14.1 percent in comparison to the tractor sales the June quarter of the last fiscal. Escorts India Domestic tractor market share down 448 bps to 10.5% vs 15% QoQ. Tractor biz margins down 330 bps YoY at 10.8%.

"Escorts has been treading aligned to expectations across Agri Machinery, Construction, and Railway businesses. Tractor industry has been slowing down since the last few months, thus our endeavor is to keep revenue and profitability intact with strategic initiatives and elimination of waste and inefficiencies. We will continue to invest in critical new products and technologies, efficient and diversified distribution which will enable us to increase our market share across domestic & export markets," said Nikhil Nanda, Chairman and Managing Director, Escorts India.

 

Read More

 न्यू हॉलैंड ट्रैक्टर प्राइस लिस्ट, फीचर्स एवं टॉप मॉडल। 2021       

न्यू हॉलैंड ट्रैक्टर प्राइस लिस्ट, फीचर्स एवं टॉप मॉडल। 2021                      

Read More  

 भारत में टॉप 5 टायर ब्रांड 2021       

भारत में टॉप 5 टायर ब्रांड 2021                                                           

Read More  

 Vehicle of Tomorrow- Ola Electrc Scooter is coming to your way.       

Vehicle of Tomorrow- Ola Electrc Scooter is coming to your way. 

Read More

Top searching blogs about Tractors and Agriculture

Top 10 Tractor brands in india To 10 Agro Based Indutries in India
Rabi Crops and Zaid Crops seasons in India Commercial Farming
DBT agriculture Traditional and Modern Farming
Top 9 mileage tractor in India Top 5 tractor tyres brands
Top 11 agriculture states in India top 13 powerful tractors in india
Tractor Subsidy in India Top 10 tractors under 5 Lakhs
Top 12 agriculture tools in India 40 Hp-50 Hp Tractors in India

review Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Hi tractorgyan.com administrator, Thanks for sharing your thoughts!

user reviewBy Christy Coffman  19-04-2023

Popular Posts

https://images.tractorgyan.com/uploads/1601959540-which-tractor-is-the-best.jpeg

जाने कौन सा ट्रैक्टर हैं सबसे बेहतर-Mahindra 275 di XP Plus and Massey Ferguson 1035 DI

महिन्द्रा 275 डीआई एक्सपी प्लस (Mahindra 275 DI XP Plus) मैसी फर्ग्यूसन 1035 डीआई  (M...

https://images.tractorgyan.com/uploads/105994/64ce0fe996a59-hop-shoots-cultivation-in-india.jpg

Hop Shoots Cultivation in India – Uses & Benefits

Are you interested in knowing about the most expensive plant - Hop shoots cultivation in India? Then...

https://images.tractorgyan.com/uploads/26408/6295ec3b49363_blog-(5).jpg

Best Power weeder and their uses in India | Tractorgyan

About Power weeder Power Weeder is a piece of agricultural equipment or the tool which is po...

Select Language

tractorgyan offeringsTractorGyan Offerings