Published - 01 Oct 2024 by Tractor Junction
Faridabad, October 1, 2024: In September 2024, Escorts Kubota Limited Agri Machinery Business Division sold 12,380 tractors, marking a 2.5% growth compared to 12,081 units sold in September 2023. Domestic sales saw a strong increase of 5.7%, with 11,985 units sold in September 2024, up from 11,334 units in the previous year. However, export sales dropped significantly by 47.1%, with only 395 units sold in September 2024 compared to 747 units in September 2023.
Particulars | September 2024 | September 2023 | %Change |
Domestic | 11,985 | 11,334 | 5.70% |
Exports | 395 | 747 | -47.10% |
Total | 12,380 | 12,081 | 2.50% |
Escorts Kubota's Year-to-Year (YoY) total sales declined by -3.6%, with 56,365 units sold in September 2024 against 58,494 units sold in September 2023. This affected domestic and export units, too.
Domestic sales declined by -2.5%, with 54,177 units sold in September 2024 against 55,587 units sold in September 2023. Also, export sales saw an extreme dip of -24.7%, with 2,188 units sold in September 2024 against 2,907 units sold in September 2023.
Particulars | April – September (6M) | ||
Particulars | FY 2024 | FY 2023 | % Change |
Domestic | 54,177 | 55,587 | -2.50% |
Exports | 2,188 | 2,907 | -24.70% |
Total | 56,365 | 58,494 | -3.60% |
Escorts Kubota Tractor Sales % change in Q2 for September 2024 recorded a total of 25,995 units sold, which saw a decline of -0.9% compared to 26,241 units sold in September 2023.
The Domestic Tractor sales percent change in Q2 saw a 0.3% increase, with 24,768 units sold in September 2024 compared to 24,690 units in September 2023.
The Exports tractor sales percent change in Q2 declined by -20.9%, with 1,227 units sold in September 2024, against 1551 units sold in September 2023.
Particulars | Q2 FY24 | Q2 FY23 | % Change (Q2) |
---|---|---|---|
Domestic | 24,768 | 24,690 | 0.3% |
Exports | 1,227 | 1,551 | -20.9% |
Total | 25,995 | 26,241 | -0.9% |
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