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The latest sales figures for Escorts Kubota Tractor reveal a decrease in sales for May 2024, marking a 5.4% drop compared to the same period last year. During May 2024, the company managed to sell 8,232 tractors, a reduction from 9,167 tractors sold in May 2023.
Escorts Kubota's sales in the domestic market saw a decline in May 2024. The company sold 8,232 tractors within the country, compared to 8,704 tractors in May 2023, indicating a 5.4% decrease in domestic sales.
Escorts Kubota also experienced a downturn in the export market. The company exported 380 tractors in May 2024, down from 463 tractors exported in May of the previous year, marking a significant 17.9% decrease in exports.
Looking at the overall performance for the year, Escorts Kubota Tractor sales have seen a decline. The total sales for 2024 stand at 16,127 units, down from 16,732 units in 2023, marking a 3.6% decrease in sales.
Also Read: Mahindra Tractor Sales Rises in May 2024: Sold 35,237 Units, a 6% YoY Growth
Escorts Kubota Tractor sales for May 2024 witnessed a notable decrease both in domestic and export markets. Despite efforts to maintain sales, the company is facing challenges in sustaining its market performance compared to the previous year.
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