September tractor sales decline
Mahindra tractor sales fell 21% year on year in September, while Escorts Kubota sales dropped 16.7% to 15,214 units from 18,267. Escorts Kubota’s six-month sales were still up 10% year on year.
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Timeline
Thursday, 1 October
- Weak monsoon weighs on rural demand; September tractor sales fall at M&M and Escorts Kubota
Mahindra & Mahindra tractor sales fell 21% in September
- Two tractor stocks: Escorts Kubota shares fall 6%; VST Tillers shares rally 5% after September sales
Escorts Kubota shares fell 6% after September tractor sales declined 16.7% year on year
- Escorts Kubota September tractor sales fall 17% year on year
September sales fell to 15,214 units from 18,267 a year earlier
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