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Escorts Agri Machinery sells 5,776 tractors in June

03 Jul 2017 Evaluate

Escorts Agri Machinery Segment (EAM) has sold 5,776 tractors in June 2017 against 6,946 tractors in June 2016. The domestic sales in June 2017 stood at 5,669 tractors against 6,890 in June 2016. Export for the month of June 2017 at 107 tractors against 56 tractors in June 2016.

While domestic retail sales has grown by about 12% Y-o-Y but wholesales have been reduced during June 2017 to enable de-stocking by the Dealers to minimize the transition impact on inventories caused by GST provisions and the same will be made up during Q-2 (July-Sep 2017).

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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