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Escorts Kubota’s agri machinery segment reports 17% fall in February sales

01 Mar 2024 Evaluate

Escorts Kubota’s Agri Machinery Business Division has sold 6,481 tractors in February 2024 as against 7,811 tractors sold in February 2023, registering a fall of 17.03%. Domestic tractor sales in February 2024 were at 6,041 tractors as against 7,245 tractors sold in February 2023. Tractor sales dipped this month due to the continuing impact of uneven monsoon coupled with insufficient rainfall and diminished reservoir levels which impacted the Kharif output. Anticipated improvements in the Rabi harvest and early signs of a normal monsoon next year are projected to enhance overall sentiments and drive an uptick in tractor sales in the next fiscal year. Export of tractors in February 2024 were at 440 as against 566 tractors sold in February 2023.

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.

Escorts Kubota Share Price

3294.65 9.50 (0.29%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Escorts Kubota 3294.65
VST Tillers Tractors 5277.00
Indo Farm Equipment 149.45
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