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In August 2024, Escorts Kubota Limited Agri Machinery Business Division sold 5,614 tractors, up by 0.4% from 5,593 tractors in August 2023. Domestic tractor sales in August 2024 reached 5,205 units, a small increase of 0.1% from 5,198 units in August 2023. With the southwest monsoon moving well and water levels rising, the outlook for the upcoming rabi season looks good. Along with continued government support, we expect demand to increase in the coming festive months.
In August 2024, Escorts Kubota exported 409 tractors, up from 395 in August 2023, showing a 3.5% growth in their export market.
| Particulars | August 2024 | August 2023 | %Change |
| Domestic | 5,205 | 5,198 | 0.10% |
| Exports | 409 | 395 | 3.50% |
| Total | 5,614 | 5,593 | 0.40% |
Year-to-date sales of Escorts Kubota Tractor dropped by 1.7%, with a total of 37,103 units sold in 2024, down from 37,745 units in 2023. Domestic sales in 2024 were 35,310 units, a small decrease of 0.8% compared to 35,585 units in 2023. Exports also fell by 17.0%, with 1,793 units exported in 2024, compared to 2,160 units in 2023.
| Particulars | April -August (5M) | ||
| Particulars | 2024 | 2023 | % Change |
| Domestic | 35,310 | 35,585 | -0.80% |
| Exports | 1,793 | 2,160 | -17.00% |
| Total | 37,103 | 37,745 | -1.70% |
Escorts Kubota Limited (EKL), formerly known as Escorts Limited, is a top engineering company in India with over 80 years of experience. Focused on "Spreading Prosperity & Impacting Lives," EKL supports India’s growth in agriculture, railway technology, and construction. The company operates in three main areas: Agri Machinery, Construction Equipment, and Railway Equipment. EKL is dedicated to engineering excellence, product innovation, and efficient processes to benefit its customers and shareholders. Trusted by over five million customers, EKL aims to enhance global food security and smart infrastructure.
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