Escorts Agri Machinery sold 4,695 tractors in December 2021

Home| All Blogs| Escorts Agri Machinery sold 4,695 tractors in December 2021
SHARE THIS

Escorts Agri Machinery sold 4,695 tractors in December 2021

    Escorts Agri Machinery sold 4,695 tractors in December 2021

03 Jan, 2022

Faridabad, January 1st, 2022: Escorts Agri Machinery (Farmtrac tractorPowertrac tractor and Digitrac tractor) in December 2021 sold 4,695 tractors as against 7,733 tractors sold in December 2020, a drop of 39.3 percent year-on-year.

Domestic tractor sales in December 2021 was at 4,080 tractors as against 7,230 tractors in December 2020.. Rural cash flows started to improve, but industry wholesales were impacted during the month of December 2021 due to high base last year. Going forward, all macroeconomic factors including healthy water reservoir level remains in favour of the tractor industry. We have taken price increase, but rising inflation continues to be a worry.

Export tractor sales in December 2021 was at 615 tractors against 503 tractors sold in December 2020, registering a growth of 22.3 percent.

 

Sales figure are as follows:

Particular

December

Q3 (October-December)

YTD (9M)

FY22

FY21

% Change

FY22

FY21

% Change

FY22

FY21

% Change

Domestic

4,080 7,230 -43.6% 23,321 30,072 -22.4% 66,771 70,918 -5.8%

Export

615 503 22.3% 2,004 1,490 34.5% 5,562 3,235 71.9%

Total

4,695 7,733 -39.3% 25,325 31,562 -19.8% 72,333 74,153 -2.5%

FY- Financial Year from April to March ,YTD – Year to date

Please note that, due to COVID-19 impact last year and partially this year figures are not strictly comparable on year-on-year basis.

 

About Escorts Limited:

Escorts Ltd is one of India's leading engineering conglomerates with over seven decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment. The company has diversified business in to three different segments. Escorts Agri Machinery (EAM), Escorts Construction Equipment (ECE) & Railway Equipment Division (RED).

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.

 

Read More

 Escorts Agri Machinery sold 7,116 tractors in November 2021       

Escorts Agri Machinery sold 7,116 tractors in November 2021                                                                                   

Read More  

 Sonalika clocks highest ever November overall estimated market share of 16% with 1.4% market share gain in 2021       

Sonalika clocks highest ever November overall estimated market share of 16% with 1.4% market share gain in 2021

Read More  

 Escorts shall be increasing the prices of its tractors by over ₹20,000 from 21st November       

Escorts shall be increasing the prices of its tractors by over ₹20,000 from 21st November                                       

Read More

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

Write Comment About Blog.

Enter your review about the blog through the form below.



Customer Reviews

Record Not Found

Popular Posts

https://images.tractorgyan.com/uploads/103142/6427c78c1e069_Escorts-Kubota-March-2023-sales-figure.jpg

Escorts Kubota creates history by selling over 1 lac tractor in FY23

Faridabad, April 1st, 2023: Escorts Kubota Limited Agri Machinery business in March 2023 sold 10,305...

https://images.tractorgyan.com/uploads/103143/6427eda297da1_Escorts-Kubota-March-2023-sales-figures.jpg

एस्कॉर्ट्स कुबोटा लिमिटेड ने वित्तीय वर्ष'23 में 1 लाख से अधिक ट्रैक्टर बेचकर रचा इतिहास

फरीदाबाद, 1 अप्रैल, 2023: एस्कॉर्ट्स कुबोटा लिमिटेड द्वारा मार्च 2023 में 10,305 ट्रैक्टर बेचे गए और...

https://images.tractorgyan.com/uploads/103844/64280b41a77c6_VST-March-2023-sales-figures.jpg

VST registers growth with 45122 Power Tillers and Tractors sales in FY23

Today, Vst Tillers Tractors Ltd. disclose the VST tractor sales report for March 2023. If we look in...

tractorgyan offeringsTractorGyan Offerings

POPULAR SECOND HAND TRACTORSPopular Second hand Tractors

LOCATE TRACTOR DEALERS/SHOWROOMLocate Tractor Dealers/Showroom