Escorts Kubota sees a 38.7% YoY surge in total tractor sales, reaching 12,232 units sold in September 2022, up from 8,816 units in September 2021. Sequentially, tractor sales increased by an impressive 100.16% in September 2022 compared to 6,111 units sold in August 2022.
Domestic tractor sales for September 2022 hit 11,384 units, marking a robust 42.7% growth compared to 7,975 units sold in September 2021. Export tractor sales show a marginal 0.8% growth, with 848 tractors sold in September 2022 versus 841 tractors in September 2021.
In the Construction Equipment Segment, Escorts Kubota sold 390 machines in September 2022, reflecting a 2.5% YoY decline from the 400 machines sold in September 2021. The company anticipates continued growth in the construction equipment sector, driven by increased government investments in the nation’s development during the second half of the fiscal year.
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