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Escorts’ Agri Machinery Segment reports 87% fall in tractor sales in April

02 May 2020 Evaluate

Escorts’ Agri Machinery Segment (EAM) has sold 705 tractors in April 2020 against 5,264 tractors sold in April 2019, registering fall of 86.6%. Domestic tractor sales in April 2020 at 613 tractors registering a fall of 87.7% against 4,986 tractors in April 2019. Export for the month of April 2020 stood at 92 tractors registering a fall of 66.9% against 278 tractors sold in April 2019.  

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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