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Escorts Kubota’s agri machinery segment reports rise of 18.7% in December tractors sales

02 Jan 2023 Evaluate

Escorts Kubota’s Agri Machinery Segment has sold 5,573 tractors in December 2022, registering a growth of 18.7% as against 4,695 tractors sold in December 2021. Domestic tractor sales in December 2022 were at 4,979 tractors registering a growth of 22.0% as against 4,080 tractors sold in December 2021. Rural sentiments continue to remain favorable on account of good kharif procurement, rabi sowing and better water level in reservoirs.  Export tractor sales in December 2022 were at 594 tractors as against 615 tractors sold in December 2021.

Escorts Kubota is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.

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