Escorts Kubota Ltd has reported a robust 15% growth in tractor sales for March 2025, with total volumes reaching 9,878 units, compared to 8,590 units in February 2025. This marks a continuation of the strong demand momentum seen earlier in the year, driven by favorable agricultural conditions and increased Rabi sowing activity.
Key Highlights:
March Performance: Tractor sales in March 2025 grew by 15% month-on-month, reflecting strong domestic demand and improved liquidity among farmers.
February Recap: In February 2025, Escorts Kubota recorded an 11.4% year-on-year increase in tractor sales, with 8,590 units sold compared to 7,709 units in February 2024. Domestic sales rose by 9.6% to 7,968 units, while exports surged by 41.4% to 622 units.
Market Drivers: The company attributed the growth to favorable water reservoir levels, increased Rabi sowing acreage, and a positive base effect. While some pressure was noted in the Western region due to lower crop prices, other markets showed robust demand.
Outlook:
Escorts Kubota remains optimistic about sustaining this growth trajectory as it continues to leverage its diversified product portfolio and market presence. The company expects demand to remain strong in the coming months, supported by favorable agricultural conditions.
Sources: Business Standard, Tractor Junction; April 1, 202