Faridabad, March 1, 2025: Escorts Kubota Limited (NSE: ESCORTS, BSE: 500495) reported an
11.4% year-on-year (YoY) growth in tractor sales for February 2025, reflecting strong domestic and export demand.
Key Financial Highlights (February 2025 Sales Performance)
| Segment | February 2025 | February 2024 | YoY Growth (%) | Apr-Feb FY25 | Apr-Feb FY24 | YoY Growth (%) |
|---|
| Domestic Sales | 7,968 | 7,269 | 9.6% | 99,788 | 99,422 | 0.4% |
| Export Sales | 622 | 440 | 41.4% | 4,392 | 5,086 | -13.6% |
| Total Sales | 8,590 | 7,709 | 11.4% | 1,04,180 | 1,04,508 | -0.3% |
- Domestic tractor sales reached 7,968 units, marking a 9.6% YoY increase from 7,269 units in February 2024.
- Export tractor sales saw a significant surge of 41.4% YoY, with 622 units sold compared to 440 units in February 2024.
- On a year-to-date (April-February FY25) basis, total tractor sales remained nearly flat at 1,04,180 units, reflecting a 0.3% decline over the same period in FY24.
Management Commentary
The company attributed the growth in domestic sales to strong demand in key markets, though the
Western region faced challenges due to lower crop prices affecting liquidity. Looking ahead, Escorts Kubota expects
growth momentum to continue, supported by
increased Rabi sowing, healthy water reservoir levels, and a favorable base effect.
Construction Equipment Sales Decline by 16.3% in February 2025
The
Construction Equipment Business Division of Escorts Kubota sold
561 machines in February 2025, registering a
16.3% decline from 670 machines sold in February 2024.
| Segment | February 2025 | February 2024 | YoY Growth (%) | Apr-Feb FY25 | Apr-Feb FY24 | YoY Growth (%) |
|---|
| Total Sales | 561 | 670 | -16.3% | 5,870 | 6,407 | -8.4% |
The company cited
short-term disruptions due to the phasing out of old emission-level inventories and price escalations from BS-V emission norms. However, with
continued government investment in infrastructure projects, Escorts Kubota expects the
industry to recover in the next fiscal year.
Corporate Developments
Escorts Kubota has successfully completed the
amalgamation of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited into Escorts Kubota Limited, as approved by the
National Company Law Tribunal (NCLT). The integration enhances operational synergies and is reflected in the reported sales figures.
Outlook
- Agricultural Sector: Favorable farm conditions, strong reservoir levels, and upcoming crop cycles are expected to sustain growth.
- Construction Equipment: The sector faces near-term headwinds but is expected to recover with government infrastructure spending.
- Exports: Strong demand for tractors globally is expected to drive continued growth, mitigating domestic market fluctuations.
Escorts Kubota remains focused on
engineering excellence, cost efficiencies, and innovation, reinforcing its market position across
agriculture, construction, and railway equipment.