Friday, 2 May 2014

Escorts’ EAM reports 18% fall in April 2014 sales

Escorts, one of India’s leading engineering conglomerates in agri machinery segment (EAM) sold 5,366 tractors in April 2014, showing decline of 17.95%, against 6,540 tractors sold in April 2013.
Domestic sales of the company in March 2014 were down marginally by 33.83% and stood at 5,236 factors as against 6,402 tractors in April 2013. Export for the month of March 2014 rose significantly by 5.80% to 130 tractors as against 138 tractors sold in April 2013.
Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.

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