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Escorts Kubota Ltd reported its last month's sales and said the total sales stood at 5,360 units against 6,564 units in July 2021. it simply saw down by 18.3%, the company said in its regulatory filing.
The farm equipment company Escorts Kubota Limited registered 5,360 tractors sales in July 2022 against 6,564 tractors sold out in July 2021. Kubota generated 4,704 units in domestic sales against 6,055 units in July 2021. Regarding domestic sales stats, it saw a 22.3% downfall compared to last year.
The export tractor sales in July 2022 reached 656 tractors against 509 tractors sold out in July 2021 to register 28.9% growth.
| Escorts Kubota Limited |Sales Units | YoY% ||:----:|:----:|:----:|| July 2021| 6564 | 28.9%||July 2022|5360 | -18.3% |
However, Escorts farm equipment company reported 302 machine sales under construction equipment against 367 units in July 2021. under this category, the company saw a 17.7% fall in its overall sales.
In short, Escorts Kubota Limited, a leading farm equipment manufacturing company, registered an 18.3% down in tractor sales compared to last year. And the company reported a 17.7% drop in its construction equipment sales.
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