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ESCORTS LTD. - Announcement under Regulation 30 (LODR)-Monthly Business Updates
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01 Apr 2021
Faridabad, April 1st, 2021: Escorts Ltd Agri Machinery Segment (EAM) in March 2021 sold 12,337 tractors, our highest ever March sales and registering a growth of 126.6 percent against 5,444 tractors sold in March 2020.&lt;BR&gt; &lt;BR&gt; Domestic tractor sales in March 2021 was at 11,730 tractors registering a growth of 124.4 percent against 5,228 tractors in March 2020. The tractor demand is expected to continue to be strong led by higher Rabi output, favourable crop prices, and initial positive forecast of 2021 monsoon season, all supporting rural customer sentiments. The rising inflation however continues to be a worry. &lt;BR&gt; &lt;BR&gt; Export tractor sales in March 2021 was at 607 tractors against 216 tractors sold in March 2020, registering a growth of 181%.&apos;&lt;BR&gt;
View all announcements for ESCORTS LTD. Source: BSE India