Escorts Kubota announces price hike for tractors effective from May'25
Escorts Kubota has announced that its Agri Machinery Business Division will increase the prices of its tractors, effective from 1 May 2025.According to an exchange filing, the company said that the increase in prices would vary across models/variants and geographies.Escorts Kubota is primarily engaged in the business of manufacturing agricultural tractors, engines for agricultural tractors, construction, earthmoving, and material handling equipment; round and flat tubes; heating elements; and double-acting hydraulics.The tractor maker reported a 7.67% increase in standalone net profit from continuing operations to Rs 290.47 crore on an 8.46% increase in revenue from operations to Rs 2,935.43 crore in Q3 FY25 as compared with Q3 FY24.Shares of Escorts Kubota shed 0.33% to Rs 3,377.65 on the BSE.Powered by Capital Market - Live News
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