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Escorts’ EAM reports 6.36% fall in May 2014 sales

03 Jun 2014 Evaluate

Escorts agri machinery segment (EAM), a subsidiary of Escorts, sold 5794 tractors in May 2014, down by 6.36% against 6188 tractors sold in May 2013.

Domestic tractor sales in May 2014 stood at 5704 as against 6122 tractors in May 2013, a fall of 6.82% over last year. However, export for the month of May 2014 surged 36.36% to 90 tractors as that of 66 tractors in May 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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