Escorts Kubota Reports Strong Sales, Shares Surge on Positive Outlook
Escorts Kubota Ltd has reported strong sales and profits, with shares surging on positive industry outlook and favorable conditions. The company expects continued demand for tractors and a recovery in construction equipment sales.
Escorts Kubota's June quarter revenue was Rs 2,500 crore, a slight dip of 3% from the previous year. However, the company's net profit soared to Rs 1,397 crore, a significant increase from Rs 302 crore in the same period last year. The company's shares traded 4.78% higher at Rs 3,611.50 on NSE by 1:50 PM.
The tractor major sold a record 18,267 tractors in September 2025, a 47.6% increase from the same month last year. Domestic sales rose 48.5% to 17,803 tractors, while exports grew 17.5% with 464 tractors shipped abroad. The company's CEO has not publicly commented on the stock price since April 2023.
Despite a 19% drop in September sales of construction equipment (CE) division, the company expects a recovery later in the fiscal year, supported by government infrastructure projects.
Escorts Kubota's strong performance is driven by favorable rural conditions, good monsoon rains, and a GST rate cut on tractors. With continued demand expected for the rest of the year, the company looks poised for further growth.
