
Of these, it reported domestic sales of 8,148 tractors in April 2025, which too were down 4.1% from the 8,492 tractor sales in the year-ago period.
“Festive preponement to March 2025 impacted sales in April 2025,” the company said. Looking ahead, with favourable macro-economic conditions, successful rabi harvest, higher crop prices and sufficient water levels in reservoirs, the company it is anticipating an increase in demand momentum across different regions.
Meanwhile, the company’s export tractor sales witnessed a 67.4% increase to 581 units compared to 347 tractors sold in April 2024.
The company reported an 8.5% increase in its net profit in the third quarter at ₹323.2 crore compared to ₹298 crore in the previous year. Its revenue too gained 8.5% to ₹2,935 crore from the ₹2,706.4 crore in the December quarter of the previous fiscal.
The company’s EBITDA in the December quarter was up 3% at ₹335.4 crore from ₹326 crore in the previous fiscal.
Its margin narrowed to 11.4% from 12% in the year-ago period.
Shares of Escorts Kubota Ltd ended the previous session 3.1% lower at ₹3,240 apiece. The stock has declined 13.35% in the last six months.
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First Published: May 1, 2025 10:11 AM IST
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