Escorts reports large bounce in August sales

Escorts reports large bounce in August sales

by admin- Tuesday, September 1st, 2020 03:34:23 PM

Escorts Ltd Agri Machinery Segment (EAM) in August 2020 bought 7,268 tractors, our maximum ever August sales and registering a boom of 80.1% towards 4,0.5 tractors bought in August 2019.

Domestic tractor sales in August 2020 changed into at 6,750 tractors registering a increase of 79.Four% against 3,763 tractors in August 2019. The market sentiment is still distinctly effective with true monsoons, better Kharif sowing, crop expenses conserving up properly, and good supply of retail finance.

Export tractor sales in August 2020 was at 518 tractors against 272 tractors sold in August 2019, registering a boom of ninety.4%.

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