Escorts Kubota Limited sold 9,850 tractors in June 2023, a decline of 2% in YOY sales.

Escorts Kubota Domestic tractor sales in June 2023 were 9,270 tractors, up from 9,265 in June 2022.

Escorts Kubota Limited Agri Machinery announced its June 2023 sales report. Escorts Kubota Limited Agri Machinery business sold a total of 9,850 tractor units in June 2023, compared to 10,051 units sold in June 2022. There is a decrease of 2% in YOY sales.

Escorts Kubota Domestic tractor Sales

Domestic tractor sales in June 2023 were 9,270 tractors, up from 9,265 in June 2022. The company's domestic tractor sales increased by 0.1% in June 2023.

Escorts Kubota Export Tractor Sales

In June 2023, Escorts Kubota exported 580 tractors, compared to 786 tractors in June 2022. In the export market, the company's tractor sales were down by -26.2% in June 2023.

Also Read: Escorts Kubota Limited sold 9,167 tractors in May 2023, an 8.9% increase in sales.

Escorts Kubota Tractor April – June Sales

Escorts Kubota Tractor’s year-to-date sales have declined by 0.8%. As a result, total sales in FY24 were 26,582 units, compared to 26,797 units in FY23. Escorts Kubota Domestic Tractor Sales were 25,226 units in FY24 as compared to 24,608 units in FY23. This shows an increase in sales by 2.5%.

Escorts Kubota exports Tractor Sales were 1,356 units in FY24 as compared to 2,189 units in FY23. This shows a decline in sales by 38.1%.

The markets with good rainfall and crop prices showed good momentum while markets with a delayed monsoon saw slightly lower demand. Moving forward, the brand expects the demand momentum to increase in the next months as the monsoon continues to move across the country, accompanied by acceptable reservoir levels, better liquidity, and consumer credit availability.

About Escorts Kubota Ltd

Escorts Kubota Ltd was formed under the brand name Escorts Ltd and grew as an Indian agricultural machinery manufacturing, material handling, and railway equipment manufacturing company. This tractor brand was founded in 1944 in Faridabad, Haryana, India.

Escorts tractors price in India begins from Rs 2.55 Lakh to Rs 5.55 Lakh. Escorts has introduced over 4 tractor models from 15 horsepower to 35 horsepower category. This tractor brand in India has launched mini tractors to heavy-duty tractor models for buyers.