Escorts Kubota Tractor Sales in Financial Year 2024

Apr 1, 2024 - 10:53
Apr 1, 2024 - 13:22
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Escorts Kubota Tractor Sales in Financial Year 2024

Escorts Kubota tractor sales in FY'24, meticulously tracked month-on-month by TractorGyan. Despite commendable growth in domestic markets during certain months, FY'24 witnessed an overall slowdown, marked by a 7.2% drop in total tractor sales compared to FY’23.

With 95,858 units sold, escorts Kubota tractor sales experienced a decline both domestically, with 90,239 units sold, and in export markets, with 5,619 units sold, showcasing drops of 5.3% and 30%, respectively, in YoY sales. March 2024 saw a notable downturn, with total, domestic, and export sales declining by 16.7%, 16.1%, and 24.3%, respectively, compared to March 2023. The factors influencing Escorts Kubota's performance in the tractor market throughout FY'24, provide insights into its challenges and opportunities as the financial year comes to a close.

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