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Faridabad, November 1, 2024: Escorts Kubota Limited's Agri Machinery Business Division sold 18,110 tractors in October 2024. A 19.8% raise over 15,113 units sold in the same month last year.
A 22.6% rise, from 14,550 tractors sold in October of last year to 17,839 tractors sold this year. A combination of Diwali 2024, positive economic conditions, rising Minimum Support Prices (MSP), and favorable monsoon rains that raised water levels contributed to this impressive development. It is believed that these circumstances will maintain strong sales in the upcoming months. However, export sales have decreased to 271 tractors from 563 compared to the previous year.
| Particulars | October 2024 | October 2023 | % Change |
| Domestic | 17,839 | 14,550 | 22.6% |
| Export | 271 | 563 | -51.9% |
| Total | 18,110 | 15,113 | 19.8% |
The overall sales of Escorts Kubota grew by 1.2% year over year (YoY), with 74,475 units sold in FY 24–25 (April–October) compared to 73,607 units sold in FY 23–24 (April–October).
In FY 24–25 (April–October), 72,016 units were sold, a growth of 2.7% over FY 23–24 (April–October) sales of 70,137 units. Additionally, export sales had a sharp decline of -29.1%, with 1,459 units sold in FY 24–25 (April–October) compared to 3,470 units sold in FY 23–24 (April–October).
| April – October (7M) | |||
| Particulars | FY 2024 | FY 2023 | % Change |
| Domestic | 72,016 | 70,137 | 2.7% |
| Exports | 2,459 | 3,470 | -29.1% |
| Total | 74475 | 73607 | 1.20% |
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