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Escorts Agri Machinery sold 4,035 tractors down 16% in August 2019

Escorts Agri Machinery sold 4,035 tractors down 16% in August 2019

    Escorts Agri Machinery sold 4,035 tractors down 16% in August 2019

02 Sep, 2019

Faridabad, September 2nd, 2019: Escorts Ltd Agri Machinery Segment (Powertrac, Digitrac & Farmtrac) in August 2019 sold 4,035 tractors against 4,812 tractors sold in August 2018.

Domestic tractor sales of Escorts Tractor in August 2019 at 3,763 tractors against 4,674 tractors in August 2018. Export for the month of August 2019 at 272 tractors registering a growth of 97.1 percent as against 138 tractors sold in August 2018.

Sales figure are as follows:
Particulars AUGUST YTD (5M)

MOM Sales Numbers
  FY20 FY19 Change(%)
Domestic 3,763 4,674 -19.5%
Export 272 138 97.1%
Total 4,035 4,812 -16.1%

YOY Sales Numbers
  FY20 FY19 Change(%)
Domestic 28,390 34,096 -16.7%
Export 1,556 820 89.8%
Total 29,946 34,916 -14.2%

*From October 2018 onwards, sales to Nepal and Bhutan have been included in the export.

 

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 M&M tractor segment market share touches 41.8% in Q1FY22, highest in the last 8 quarters       

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 Sonalika invests Rs 200 Cr. to establish harvester manufacturing facility at Amb, Himachal Pradesh       

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