Escorts Kubota Limited’s Agri Machinery Business Division sold 5,472 tractors in December 2024, marking a 10.8% decline from 6,136 units in December 2023.
Domestic Sales
Domestic tractor sales stood at 5,016 units, down 12.5% from 5,731 units sold in December 2023. The company anticipates improved demand driven by kharif crop procurement, strong rabi sowing, and higher reservoir water levels.
Export Sales
Export sales showed positive growth, with 456 tractors sold in December 2024—a 12.6% increase compared to 405 units in December 2023.
Quarterly and Nine-Month Sales
- Q3 FY25 (October-December): Domestic sales rose by 6.0% to 31,585 units, while exports fell by 29.2% to 971 units, leading to an overall growth of 4.5%.
- 9M FY25 (April-December): Total sales marginally declined by 0.8%, with domestic sales up 0.5% and exports down 26.2%.