Escorts Agri Machinery segment reports 2% growth in September Sales, Q2 Sales drop by 6%
Biznextindia : Escorts Ltd Agri Machinery Segment (EAM) in September 2019 sold 10,855 tractors registering a growth of 2.2% against 10,617 tractors sold in September 2018.
However, during the quarter ended in September, the company has reported a drop of 6% in Sales at 19,750 units. Though the exports has doubled to 961 units, the domestic sales has dropped 8.6% to 18789 units.
Domestic tractor sales in September 2019 was at 10,521 tractors registering a growth of 1.2 % against 10,396 tractors in September 2018. Export for the month of September 2019 at 334 tractors registering a growth of 51.1 % as against 221 tractors sold in September 2018.