Escorts Kubota sold 7565 tractors in domestic and export markets during April 2023
Escorts Kubota Limited Agri Business Machinery has released the April 2023 Sales Report. Tractor sales have been declining for the corporation. In April 2023, the firm sold 9.1 percent fewer tractors than in April 2022. The company has stated that it will sell fewer tractors in both the domestic and foreign markets. You are being informed about Escorts Kubota Tractor Sales Report April 2023 in this Tractor Kharido post, so stay tuned to Tractor Kharido.
Escorts Kubota Tractor Sales April 2023: 760 tractors sold less in domestic and export markets
Escort Kubota Limited sold 760 tractors short in the domestic and international markets in April 2023. In April of last year, the company sold a total of 8325 tractors, while 7565 tractors were sold in April of 2023. In terms of the domestic market, the corporation has experienced a 5.5 percent loss. In April 2023, the company sold 7252 units, while in April 2022, it sold 7676 units. As a result, the company has sold 424 fewer tractors. At the same time, the company's export market has dropped by 51.8 percent. In April 2023, the company sold 313 tractors in foreign markets, compared to 649 tractors sold in April 2022.
Escort Kubota Tractor Sales Report April 2023 (Domestic & Exports)
| Description | April 2023 | April 2022 | Change (In %) |
|---|---|---|---|
| Domestic Market | 7252 | 7676 | -5.5% |
| Export Market | 313 | 649 | -51.8% |
| Total | 7565 | 8325 | -9.1% |
Better performance expected in the first quarter
Escorts Kubota Limited anticipates a greater performance in the first quarter of fiscal year 2023–24. The forecast is bright, according to the firm, thanks to a robust rabi crop, an increase in crop prices, and an acceptable water table. Tractors will perform well in the first quarter.
