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Escorts Kubota’s agri machinery segment reports marginal fall in April sales

02 May 2024 Evaluate

Escorts Kubota’s Agri Machinery Business Division in April 2024 sold 7,515 tractors as against 7,565 tractors sold in April 2023, registering a fall of 0.66%. Domestic tractor sales in April 2024 were at 7,168 tractors as against 7,252 tractors sold in April 2023. 

Despite festive season shifting to April this year, the demand for tractors was impacted due to ongoing elections, low reservoir water levels, decreased haulage activities, and moderate rabi output. However, the company expects sentiments to improve post-elections, especially with forecasts predicting a near to above-normal monsoon this year. 

Export tractor sales in April 2024 were at 347 registering growth of 10.9% as against 313 tractors sold in April 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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