Escorts Kubota Limited — Important, 01-06-2025: Monthly Business Updates
01-06-2025 | 02:42 pm
01-06-2025 | 02:42 pm
Escorts Kubota sold 10,354 tractors in May, marginally up from last year. Domestic tractor sales dipped slightly to 9,703 units, while exports jumped 71.3% to 651 units, boosted by a good monsoon outlook and better liquidity. Construction Equipment sales fell 29.9% to 321 units due to price hikes, early monsoon, and project delays, but demand is expected to pick up in H2. Overall volumes include contributions from amalgamated entities. Management remains positive on sustained tractor demand ahead.
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