10-03-2022 12:54 PM | Source: Dion Global Solutions Ltd
Escorts Kubota records 38.7% jump in September tractor sales
News By Tags | #896 #8449 #572

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Escorts Kubota Agri Machinery Segment in September 2022 sold 12,232 tractors, the company's highest ever September sales, registering a growth of 38.7% as against 8,816 tractors sold in September 2021. Domestic tractor sales in September 2022 was at 11,384 tractors registering a growth of 42.7% as against 7,975 tractors sold in September 2021 .

Overall macroeconomic factors and farmer sentiments remain positive led by above normal monsoon and onset of an early festive season. The company expects good momentum to continue in current festive season. Export tractor sales in September 2022 was at 848 tractors registering a growth of 0.8% as against 841 tractors sold in September 2021.