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Informist, Friday, May 1, 2026

--Escorts Kubota Apr tractor sales 10,857 units, up 24.4% on year 

--Escorts Kubota Apr tractor exports 459 units, down 21% on year 

--Escorts Kubota Apr domestic tractor sales 10,398 units, up 27.6% on year 

NEW DELHI – Escorts Kubota Ltd. sold 10,857 tractors in April, up 24.4% year-on-year, the company said in an exchange filing Friday. Of this, 10,398 units were sold in India, up 27.6% on year. Meanwhile, the company's exports declined 21% on year to 459 units for the month.

"The domestic tractor industry sustained healthy growth in April 2026, supported by favourable farm sentiment, adequate reservoir levels, improved rural liquidity following the GST (Goods and Services Tax) cut, and steady underlying demand," the company said. It, however, warned that the current geo-political situation and its impact on supply chain and increasing input costs may moderate farmer affordability and sentiment in the near term.

Escorts Kubota will monitor evolving weather conditions, particularly the emerging El Nio signals, to gauge future demand trends, the company said.

The company's construction equipment business sold 396 machines in April, down 1% when compared with the sale of 400 units in the same month last year. "In April 2026, the construction equipment industry witnessed largely flat volumes. While ongoing infrastructure execution and an established project pipeline continued to provide support, incremental growth remained muted across segments," the company said. It added that amid the emerging geopolitical challenges, which may potentially disrupt the supply chain and exert pressure on government's capital expenditure programme, demand may be impacted adversely on a temporary basis.

Escorts Kubota had reported a net profit of INR 3.62 billion for the December quarter on a revenue of INR 32.61 billion. Thursday, its shares had ended 1.8% lower on the National Stock Exchange at INR 3,241.60.  End

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Shakshi Jain

Edited by Akul Nishant Akhoury

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