Escorts sells 7,240 tractors in February 2019, up 12%

Escorts Agri Machinery, the tractor segment of the Escorts group has registered robust sales in the domestic and international markets.

Autocar Professional BureauBy Autocar Professional Bureau calendar 01 Mar 2019 Views icon17073 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Escorts sells 7,240 tractors in February 2019, up 12%

Escorts Agri Machinery segment (EAM), the Faridabad-based farm mechanisation company has sold 7,240 tractors in February 2019, up by 12 percent over February 2018 (6,462 tractors). A part of the Escorts group, EAM has registered a YoY growth of 23.1 percent in the YTD period of FY2019.

In the domestic market, EAM sold 6,918 tractors, registering a growth of 9.9 percent as against 6,295 tractors in February 2018. The company has claimed that its export figures also saw a growth with 322 tractors. Thus, registering a growth of 92.8 percent as against 167 tractors in February 2018.

Speaking of the year to date (YTD – April 2018to February 2019) of FY2019, Escorts has reported a growth of 23.1 percent with the total sales (domestic and exports) amounting to 84,507 units. In the same period, Escorts Agri Machinery exported 2,615 (50.5%) units and 81,892 (22.4%) units in the domestic markets.

Escorts tractors February 2019

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