Escorts Agri Machinery Segment reports 29% sales growth in October
Mumbai: Escorts Ltd Agri Machinery Segment (EAM) has reported 28.8% growth in its monthly sales at 13,140 tractors in October 2018 against 10,205 tractors sold in October 2017. The company’s domestic tractor sales during the month were at 12,867 tractors registering a growth of 28.7 % against 10,001 tractors in October 2017. Export for the month of October 2018 at 273 tractors registering a growth of 33.8 % as against 204 tractors sold in October 2017. It may be noted that the company has included its sales to Nepal and Bhutan in its export, which had been included in the domestic sales earlier.
With this impressive 2nd quarter figure, the escort has achieved 21.9% sales growth at 58673 units in the April-September Six months, against 48,124 tractors sold in the corresponding period last fiscal.