In September 2024, Escorts Kubota Limited’s Agri Machinery Business Division sold 12,380 tractors, reflecting a 2.5% increase compared to the 12,081 units sold in September 2023. Domestic sales saw a strong growth of 5.7%, with 11,985 units sold in September 2024, compared to 11,334 units sold in the same month last year. However, export sales saw a decline of 47.1%, with only 395 units sold in September 2024, compared to 747 units in September 2023.
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Escorts Kubota Tractor Sales Report for September 2024 – Domestic and Export Data
Particulars | September 2024 | September 2023 | %Change |
Domestic | 11,985 | 11,334 | 5.70% |
Exports | 395 | 747 | -47.10% |
Total | 12,380 | 12,081 | 2.50% |
Escorts Kubota saw a year-over-year (YoY) decrease in total sales of 3.6%, with 56,365 units sold in September 2024, down from 58,494 units in September 2023. This drop affected both domestic and export sales.
Domestic sales fell by 2.5%, with 54,177 units sold in September 2024, down from 55,587 units in the same period the previous year. Export sales experienced a significant drop of 24.7%, with just 2,188 units sold in September 2024, down from 2,907 units in September 2023.
Percentage Change in Escorts Kubota Tractor Sales for Q2 September 2024
Particulars | Q2 FY24 | Q2 FY23 | % Change (Q2) |
Domestic | 24,768 | 24,690 | 0.3% |
Exports | 1,227 | 1,551 | -20.9% |
Total | 25,995 | 26,241 | -0.9% |
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