Corporate News     03-Oct-23
Escorts Kubota records lower tractor sales in Sep
Due to postponement of main festive season to Q3
Escorts Kubota Agri Machinery Business Division in September 2023 sold 10,861 tractors as against 12,232 tractors sold in September 2022, recording a decline of 11.2%

Domestic tractor sales in September 2023 were lower by 11.2% at 10,114 tractors as against 11,384 tractors sold in September 2022. Postponement of the main festive season this time to Q-3 impacted sales for the month. Going forward, with improved rainfall in September, likely good kharif harvest and with overall macroeconomic factors and farmers' sentiments remaining positive, the company expects growth momentum to pick up in the festive months of October & November and possibly continue for the remaining part of the current fiscal.

Export tractor sales in September 2023 were down 11.9% at 747 as against 848 tractors sold in September 2022.

Previous News
  Escorts slides after total sales declines 11% YoY in September
 ( Hot Pursuit - 03-Oct-23   10:05 )
  Escorts Kubota
 ( Results - Analysis 08-Feb-23   19:44 )
  Board of Escorts Kubota appoints director cum CFO
 ( Corporate News - 08-Feb-23   19:26 )
  Escorts Kubota announces board meeting date
 ( Corporate News - 16-Jul-24   10:52 )
  Escorts Kubota
 ( Results - Analysis 04-Nov-22   20:08 )
  Escorts Kubota tractor sales decline 9% in Oct'23
 ( Corporate News - 01-Nov-23   09:50 )
  Escorts Kubota declines after recording 9% YoY contraction in October tractor sales
 ( Hot Pursuit - 01-Nov-23   09:49 )
  Escorts Kubota achieves 57% growth in construction equipment volumes
 ( Corporate News - 01-Nov-23   09:53 )
  Escorts Kubota skid after Q3 PAT declines 7% YoY to Rs 186 cr
 ( Hot Pursuit - 08-Feb-23   16:56 )
  Escorts Kubota records lower tractor sales in Sep
 ( Corporate News - 03-Oct-23   12:09 )
  Escorts Kubota consolidated net profit declines 6.89% in the December 2022 quarter
 ( Results - Announcements 08-Feb-23   16:21 )
Other Stories
  Gujarat Natural Resources to convene board meeting
  05-Oct-24   17:43
  Narmada Macplast Drip Irrigation Sys. to convene board meeting
  05-Oct-24   17:43
  Grill Splendour Services to conduct board meeting
  05-Oct-24   17:43
  Consolidated Construction Consortium to hold board meeting
  05-Oct-24   17:43
  Visagar Polytex to announce Quarterly Result
  05-Oct-24   17:42
  GNA Axles to convene board meeting
  05-Oct-24   17:42
  Fidel Softech to conduct board meeting
  05-Oct-24   17:42
  Rita Finance & Leasing announces board meeting date
  05-Oct-24   17:42
  Pelatro to conduct EGM
  05-Oct-24   17:36
  Thinkink Picturez to hold AGM
  05-Oct-24   17:35
Back Top