Latest news with #AgriMachineryBusinessDivision
Business Upturn
4 days ago
- Business
- Business Upturn
Escorts Kubota Tractor sales rise marginally to 10,354 units in May 2025
By Aman Shukla Published on June 1, 2025, 14:49 IST Escorts Kubota Limited's Agri Machinery Business Division reported tractor sales of 10,354 units in May 2025, showing a marginal increase over the 10,286 units sold in May 2024. Despite the overall growth being modest, a shift in the domestic and export market dynamics is evident. In the domestic market, tractor sales stood at 9,703 units in May 2025, slightly lower than the 9,906 units recorded in the same month last year. The decline of 2% is attributed to a high base and market adjustments. However, the timely onset of the monsoon has brought optimism to the agricultural sector. With preparations underway for the Kharif crop season, expectations remain positive due to an above-normal monsoon forecast, healthy water reservoir levels, and improved liquidity conditions across rural markets. Export sales presented a more robust picture. Tractor exports surged to 651 units in May 2025, marking a 71.3% growth compared to 380 units in May 2024. This strong export performance contributed significantly to maintaining the overall growth momentum for the company during the month. For the cumulative period of April to May 2025 (the first two months of FY26), total tractor sales stood at 19,083 units, slightly below the 19,125 units sold in the corresponding period of the previous fiscal year. Domestic sales during this period reached 17,851 units, down 3% from 18,398 units a year earlier. Meanwhile, export volumes for the same two-month period rose to 1,232 units from 727 units, reflecting a 69.5% increase. Overall, Escorts Kubota Limited's performance in May 2025 indicates stable market conditions, with export growth playing a critical role in offsetting the slight decline in domestic sales. The company remains aligned with agricultural trends and seasonal dynamics, with the upcoming monsoon expected to support future demand in the rural sector. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
25-04-2025
- Business
- Business Standard
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 to an exchange filing, the company said that the increase in prices would vary across models/variants and 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 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 of Escorts Kubota shed 0.33% to Rs 3,377.65 on the by Capital Market - Live News
