Escorts Agri Machinery of Escorts group reported a downfall in tractor sales during May 2019.
Escorts sold total of 6,827 tractors during May 2019 against total tractor sale of 8,325 in May 2018 same period. This is a downfall of 18%.
Domestic sale stood at 6,488 units while sale for same period in 2018 was 8,087 units, hence a downfall of 19.8 percent.
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.