In August 2024, the Agri Machinery Business Division of Escorts Kubota Limited sold a total of 5,614 tractors, marking a 0.4% increase compared to the 5,593 units sold in August 2023. Domestic sales for August 2024 reached 5,205 tractors, a modest 0.1% rise from the 5,198 units sold in August 2023.
With the southwest monsoon progressing well and water levels on the rise, the outlook for the upcoming rabi season appears favorable. The company anticipates increased demand in the coming festive months, supported by ongoing government initiatives. In terms of exports, Escorts Kubota shipped 409 tractors in August 2024, a 3.5% growth from the 395 units exported in August 2023.
Escorts Kubota Tractor Sales Report for August 2024 – Domestic & Export Overview
| Particulars | August 2024 | August 2023 | %Change |
| Domestic | 5,205 | 5,198 | 0.1% |
| Exports | 409 | 395 | 3.5% |
| Total | 5,614 | 5,593 | 0.4% |
Escorts Kubota Tractors suffered a 1.7% decrease in year-to-date sales in 2024, totaling 37,103 units, compared to 37,745 units in 2023. In comparison to the 35,585 units sold in 2023, domestic sales decreased by 0.8% to 35,310 units in 2024. Additionally, exports decreased by 17.0%, with 1,793 units shipped in 2024, compared to 2,160 units in the previous year.
Escorts Kubota Tractor Sales Report August 2024 – Year-over-Year Percentage Change
| Particulars | April -August (5M) | ||
| Particulars | 2024 | 2023 | % Change |
| Domestic | 35,310 | 35,585 | -0.8% |
| Exports | 1,793 | 2,160 | -17.0% |
| Total | 37,103 | 37,745 | -1.7% |
For More Information Download Khetigaadi App.
