Hot Pursuit
The tractor manufacturer announced that its agri-machinery business division sales grew by 15.03% to 11,374 units in March 2025 as against 9,888 units sold in March 2024.
While domestic sales also grew 15.18% to 10,775 units in March 2025 compared with 9,355 units sold in March 2024.
The company's exports jumped 12.38% to 599 units in March 2025 as against 533 units posted in March 2024.
Further, the company's construction equipment business division sold 614 machines in March 2025, registering a decline of 16.35% from 734 machines sold in March 2024.
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 fell 1.02% to Rs 3,212.25 on the BSE.
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