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Escorts Agri Machinery sales fall by 18% in May 2019

Escorts Agri Machinery  sales fall by  18% in May 2019
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Escorts in a press note to the exchanges on Saturday informed that the company registered 18% fall in May at 6,827 units compared to 8,325 units in May 2018.

The company reported domestic tractor sales at 6,488 units, which is 19.8% down from 8,087 units in May 2018.  Sales in the first two months of FY20 dropped 19.1% at 11,474 units vs. 14,181 units in the same period a year ago.

Exports of tractors rose 42.4% in May month at 339 units vs. 238 units in the same period a year ago. Exports in the first two months of FY20 spurted 87% at 617 units vs. 330 units in the same period a year ago, the company said in a press note to the exchanges on Saturday.
 

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