Hot Pursuit
The tractor manufacturer announced that its agri-machinery business division sales fell 1.2% to 8,729 units in April 2025 as against 8,839 units sold in April 2024.
While domestic sales also declined 4.1% to 8,148 units in April 2025 compared with 8,492 units sold in April 2024.
The company's exports jumped 67.4% to 581 units in April 2025 as against 347 units posted in April 2024.
Further, the company's construction equipment business division sold 400 machines in April 2025, registering a decline of 14% from 465 machines sold in April 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.
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