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Escorts Kubota’s agri machinery segment reports 16.7% fall in March sales

01 Apr 2024 Evaluate

Escorts Kubota’s Agri Machinery Business Division in March 2024 sold 8,587 tractors as against 10,305 tractors sold in March 2023, registering a fall of 16.7%. Domestic tractor sales in March 2024 were at 8,054 tractors as against 9,601 tractors sold in March 2023. 

The shift in Chaitra Navratri festival to April this year and last season's erratic monsoon patterns and resultant low water reservoir levels have affected agricultural sentiments in central and southern regions resulting in delayed harvesting of rabi crops. Export tractor sales in March 2024 were at 533 as against 704 tractors sold in March 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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