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:
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
Read More
![]() |
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 |
Retail Tractor sales up by 9.66 percent YoY in June 2022 shows FADA Research
FADA Sales report for June 2022 is out, and we can say that unlike a recent couple of years, this ye...
Sonalika sold overall 39,274 tractors highest ever in June'22
In a post on Linkedin Joint Managing Director of International Tractors limited (Sonalika & Soli...
Types, Impact and Prevention of Soil erosion | Tractorgyan
The problem of soil erosion is not new in Indian Agriculture or anywhere around but mostly soil eros...