Escorts Kubota Limited Agri Machinery Business Division in December 2024 sold 5,472 tractors as against 6,136 tractors sold in December 2023.
Domestic tractor sales in December 2024 were at 5,016 tractors as compared to 5,731 tractors in December 2023. Moving forward, we anticipate an increase in demand momentum driven by kharif procurement, robust rabi sowing, and enhanced water levels in reservoirs.
Export tractor sales in December 2024 were at 456 tractors registering a growth of 12.6 percent as against 405 tractors sold in December 2023.
Sales volume are as follows:
|
Particulars* |
Escorts Kubota Tractor Sales December 2024 |
Escorts Kubota Tractor Sales (April - December) (9M) |
||||
|
FY25 |
FY24 |
% Change |
FY25 |
FY24 |
%Change |
|
|
Domestic |
5,016 |
5,731 |
-12.5% |
85,762 |
85,371 |
0.5% |
|
Export |
456 |
405 |
12.6% |
3,159 |
4,278 |
-26.2% |
|
Total |
5,472 |
6,136 |
-10.8% |
88,921 |
89,649 |
-0.8% |
FY- Financial Year from April to March; M - Month
*The National Company Law Tribunal, Chandigarh Bench (NCLT) has approved the Scheme of Amalgamation of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited (Amalgamating Companies) with Escorts Kubota Limited (Amalgamated Company). The certified copy of the approval was received by the company on August 29, 2024, and filed with the Registrar of Companies on September 1, 2024. Accordingly, volume reported here for the current as well as previous period(s) include sales numbers of the amalgamating companies also.
(Source: BSE)
