FilingReader Intelligence

Escorts Kubota reports mixed sales for April 2025

May 1, 2025 at 07:07 PM UTCBy FilingReader AI

Escorts Kubota (BSE: ESCORTS) announced a mixed performance in sales volumes for April 2025. Tractor sales totaled 8,729 units, a 1.2% decrease from the 8,839 units sold in April 2024. Domestic tractor sales experienced a 4.1% decline, falling to 8,148 units from 8,492 units the previous year, attributed to the shifting of the festive season to March. However, export tractor sales demonstrated strong growth, increasing by 67.4% to 581 units compared to 347 units in April 2024. In the Construction Equipment sector, the company sold 400 machines in April 2025, a 14% decrease from the 465 machines sold in the same period last year, with the company citing retail demand challenges related to cost escalations. Escorts Kubota anticipates increased demand for both sectors in the latter half of the fiscal year, citing favorable macroeconomic conditions for tractors and prioritization of infrastructure development for the construction equipment sector.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:ESCORTSBombay Stock Exchange

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