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Escorts Kubota’s Agri Machinery Business Division reports marginal fall in June sales

01 Jul 2024 Evaluate

Escorts Kubota’s Agri Machinery Business Division in June 2024 sold 9,593 tractors as against 9,850 tractors sold in June 2023, registering a fall of 2.6%. Domestic tractor sales in June 2024 were at 9,359 tractors, registering a growth of 1% as against 9,270 tractors sold in June 2023. Sales in key market saw a delayed pick-up in retail season and now the season is expected to continue into larger part of July as well. With the monsoon progressing well and continuing Government support, including an increase in Minimum Support Price (MSP), the company anticipate demand to improve in coming months. 

The export tractor sales in June 2024 were at 234 tractors as against 580 tractors sold in June 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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