Escorts Kubota Tractor Sales: January 2024 - 6.7% Drop, 5,817 Units Sold

The company Escorts Kubota Tractor announced its sales figures for January 2024, showing a 7.0% decrease from the same month last year. The total number of tractors sold by the company in January 2024 was 6,185, compared to 6,649 in January 2023.

Out of the total sales, 5,817 tractors were sold in the domestic market, which was 6.7% lower than the 6,235 tractors sold in January 2023. The company faced a decline in its domestic tractor sales.

The company also sold 368 tractors in the international market, which was 11.1% less than the 414 tractors sold in January 2023. The company's export performance was also weak.

| Particulars | January 2024 | January 2023 | %Change ||-------------|---------------|--------------|---------|| Domestic | 5,817 | 6,235 | -6.7% || Exports | 368 | 414 | -11.1% || Total | 6,185 | 6,649 | -7.0% |

The cumulative sales of Escorts Kubota Tractor from April 2023 to January 2024 were 80,790 units, which was 5.1% lower than the 85,174 units sold in the same period last year. The company's domestic sales in this period were 76,144 units, which was 2.9% lower than the 78,420 units sold in the previous year. The company's exports in this period were 4,646 units, which was 31.2% lower than the 6,754 units sold in the previous year.

Year-to-date Escorts Kubota tractor sales in India

| Particulars | April - January (10M) | | ||-------------|-----------------------|---------|----------|| | 2024 | 2023 | % Change || Domestic | 76,144 | 78,420 | -2.9% || Exports | 4,646 | 6,754 | -31.2% || Total | 80,790 | 85,174 | -5.1% |