Escorts Kubota Limited — Important, 01-11-2024: Monthly Business Updates

Escorts Kubota Limited reported a 19.8% increase in tractor sales for October 2024, selling 18,110 units compared to 15,113 in October 2023. Domestic sales rose by 22.6% to 17,839 tractors, driven by favorable market conditions and festive demand. However, export sales fell by 51.9%. Additionally, the Construction Equipment Division sold 635 machines, down 3.6% from the previous year. The company anticipates continued growth due to upcoming government initiatives and changes in regulations.