Farm equipment manufacturer Escorts Agri Machinery (EAM) on Thursday said its tractor sales stood at 12,533 units for June.
The company sold 10,851 tractors in the corresponding month a year ago.
Domestic tractor sales stood at 11,956 units as against 10,623 units in June last year, Escorts said in a BSE filing.
Escorts agri machinery's exports increased to 577 units from 228 tractor units sold in June last year.
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Escorts said the continued growth in its volumes and that of the tractor industry is a testament of resilience of rural and agri sectors.
"We remain optimistic for the rest of the fiscal year, as timely and expected above-normal monsoon, increase in MSP prices, and record direct procurement by the government is leading to a positive build-up of farmer sentiments.
"The commercial activity also is expected to gain further momentum in the ensuing months," the company said.
