Escorts Agri Machinery sold 8,421tractors in May 2022, Up 31.1% yoy
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:
Particulars | May | YTD (2M) | ||||
FY23 | FY22 | % Change | FY22 | FY21 | % Change | |
Domestic | 7667 | 6158 | 24.5% | 15,343 | 12,544 | 22.3% |
Export | 754 | 265 | 184.5% | 1,403 | 858 | 63.5% |
Total | 8421 | 6423 | 31.1% | 16,746 | 13,402 | 25.0% |
FY- Financial Year from April to March
Category
Read More Blogs
Mumbai, April 1, 2022: Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES), part of the Mahindra Group, today announced its tractor sales numbers for March 2022. Domestic sales in March 2022 were at 28112 units, as against 29817 units during March 2021....
Faridabad, May 1st, 2022 : Escorts Ltd Agri Machinery Segment (EAM) in April 2022 sold 8,325 tractors, our highest ever April sales , registering a growth of 19.3 percent as against 6,979 tractors sold in April 2021. Domestic tractor sales in April...
After achieving new peaks in FY’22, Sonalika Tractors has carried forward the strong momentum and initiated its FY’23 journey with a sturdy performance. The company has registered its highest ever April month overall sales of 12,328 tractors, powered by best ever April’s...
Write Your Comment About Escorts Agri Machinery sold 8,421tractors in May 2022, Up 31.1% yoy
.webp&w=256&q=75)
Top searching blogs about Tractors and Agriculture
24 Jun 2025
06 Jan 2025
03 Jan 2025
27 Nov 2024
22 Jan 2025
21 Nov 2024
24 Jun 2025
27 May 2025
25 Jun 2025
16 Dec 2024
31 Dec 2024
21 Mar 2025
14 Jun 2025
24 Jun 2025