Escorts Tractors July 2018 sales, Domestic numbers grow, Export dips

FARIDABAD | MUMBAI | RAJKOT – Escorts Ltd in a monthly business update submitted to Indian Bourses on Wednesday said of having clocked sales of 5,610 units of tractors for the month ended on 31st July 2018 – Tuesday, which is 3.5% as against 5,418 units of tractors sold during the same month in last calendar year.

The Company’s Agri Machinary Segment data revealed of the company having sold 5,483 tractors in Domestic market in July 2018 which is 3.9% up on year, as against 5,275 during the same month last year.

Whereas the Exports data of tractors for month of July 2018 has dipped 11.2% on year at 127 units as against 143 units during the same month in last year.


YEAR TO DATE DATA

Overall Year-to-Date sale data of the company from April 2018 till July 2018 grew 31% on year at 30,104 units as against 22,979 units during the same period last year.

In Domestic segment the company sold 22,422 units year-to-date up 30.9% on year as against 22,474 units during the same period last year.

 

On Exports front company shipped 682 units up 35% on year as against 505 units during the same period last year.


Announcement somehow did not cheer the invetors & traders active on the Indian Bourses, as the company shares were seen trading in RED Zone on negative counters, on Wednesday.


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