01 Jun, 2022
Faridabad, June 1st, 2022: Escorts Ltd Agri Machinery Segment (EAM) in May 2022 sold 8,421 tractors, our highest ever May sales, registering a growth of 31.1 percent as against 6,423 tractors sold in May 2021.
Domestic tractor sales in May 2022 were at 7,667 tractors registering a growth of 24.5 percent against 6,158 tractors sold in May 2021. We see rural sentiment gradually improving inspite of low crop yields due to extreme heat conditions this harvest season, on account of better crop price realization and forecast of normal rainfall and possible timely sowing this year. With recent Government actions, Inflation may stabilise in near term and operating leverage may further possibly help in partially diluting the impact on margins in coming quarters.
Export tractor sales in May 2022 was at 754 tractors against 265 tractors sold in May 2021, registering a growth of 184.5%.
Sales figure are as follows:
|FY23||FY22||% Change||FY22||FY21||% Change|
FY- Financial Year from April to March
Sonalika sold overall 10,217 tractors in April’22, registered 43.5% domestic growth
Mahindra Fes sells 3,54,698 tractors in FY22
Escorts Agri Machinery sold 8,325 tractors in April 2022, Up 19.3% yoy
|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|
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