Escorts Kubota Limited’s Agri Machinery Business Division has announced its tractor sales figures for November 2024. The company reported total sales of 8,974 tractors, reflecting a 9.4% decline compared to 9,906 units sold in the same month last year.
In the domestic market, 8,730 tractors were sold, an 8.1% drop from the 9,503 units sold in November 2023. The company attributed this decline to the shifting of key festive days to October this year. Despite this, Escorts Kubota recorded a 9% growth in domestic tractor sales during the September-November period, with 38,554 units sold compared to 35,387 units in the previous year.
Export sales, however, saw a significant decrease, with only 244 tractors exported in November 2024, marking a 39.5% decline from the 403 units sold during the same period last year.
Escorts Kubota Tractor Sales Report November 2024 – Domestic & Export Overview
| Particulars | November 2024 | November 2023 | % Change |
| Domestic | 8,730 | 9,503 | -8.1% |
| Export | 244 | 403 | -39.5% |
| Total | 8,974 | 9,906 | -9.4% |
Escorts has shared its year-on-year (YoY) tractor sales figures for April to November 2024. Over the eight-month period, the company reported total sales of 83,449 units, a marginal decline of 0.1% compared to 83,513 units sold during the same period in the previous year.
Domestic tractor sales showed a positive trend, rising by 1.4% to 80,746 units in FY 2024, up from 79,640 units in FY 2023.
However, export sales saw a significant decline. The company shipped only 2,703 tractors in FY 2024, a 30.2% decrease from 3,873 units exported in FY 2023.
Escorts Kubota Tractor Sales Report November 2024 – Year-on-Year Percentage Change
| Particulars | April – November (8M) | ||
| Domestic | 80,746 | 79,640 | 1.4% |
| Export | 2,703 | 3,873 | -30.2% |
| Total | 83,449 | 83,513 | -0.1% |
