Newly released data indicates a decrease in tractor sales for Escorts Kubota in March compared to the previous year. In March 2024, the company sold 8,587 units, a decline from the 10,305 units sold in March 2023. Domestic sales also decreased. In March 2024, the number of tractors sold dropped by 16.1% to 8,054 units, compared to the 9,601 units sold in March 2023.
| Particulars | March 2024 | March 2023 | %Change |
| Domestic | 8,054 | 9,601 | -16.1% |
| Exports | 533 | 704 | -24.3% |
| Total | 8,587 | 10,305 | -16.7% |
Similarly, global tractor sales declined. In March 2024, there was a 24.3% decrease in tractor sales from the previous year, with only 533 tractors sold instead of the 704 sold in March of the previous year. The overall sales figures for Escorts Kubota Tractors for the year also showed a decrease. In 2024, the brand sold a total of 95,858 units, compared to 103,290 units sold in 2023, indicating a drop in sales.
Domestic tractor sales for Escorts Kubota also declined, with 90,239 units sold in 2024 compared to 95,266 units sold in 2023, reflecting a negative change of 5.3%. Similarly, the brand's year-to-date exports decreased. In 2024, the brand exported 5,619 units, down from 8,024 units exported in 2023, marking a significant drop of 30.0%.
| Particulars | April - March (12M) | ||
| 2024 | 2023 | % Change | |
| Domestic | 90,239 | 95,266 | -5.30% |
| Exports | 5,619 | 8,024 | -30.00% |
| Total | 95,858 | 1,03,290 | -7.20% |
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