Escorts Kubota Limited — Important, 01-08-2025: Monthly Business Updates

Escorts Kubota reported mixed performance in July. Tractor sales grew 2.7% year-over-year to 7,154 units, fueled by healthy rural sentiment and widespread monsoon rains. Domestic sales increased 1.3% to 6,624 units, while exports soared 25.3% to 530 units. Management anticipates continued tractor industry growth due to robust Kharif sowing. In contrast, Construction Equipment sales fell 27.1% to 358 machines, attributed to monsoon-led construction slowdown and project delays. The company expects a demand rebound post-monsoon, driven by increased government infrastructure investment.