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Escorts’ EAM reports 18% fall in April 2014 sales

02 May 2014 Evaluate

Escorts, one of India’s leading engineering conglomerates in agri machinery segment (EAM) sold 5,366 tractors in April 2014, showing decline of 17.95%, against 6,540 tractors sold in April 2013.

Domestic sales of the company in March 2014 were down marginally by 33.83% and stood at 5,236 factors as against 6,402 tractors in April 2013. Export for the month of March 2014 rose significantly by 5.80% to 130 tractors as against 138 tractors sold in April 2013.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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