Escorts Kubota April Tractor Sales Dip 1.2%, Exports Jump 67%

1 May 2025 , 01:58 PM

Escorts Kubota Ltd disclosed its April 2025 monthly sales, selling a cumulative number of 8,729 tractors, a slight decrease by 1.2% year on year from 8,839 units sold during last April 2024.

The company’s domestic sales stood at 8,148 units, 4.1% lower than 8,492 tractors sold in the domestic market during last April. The company attributed the declining sales to the preponement of festive demand to March 2025, impacting April’s volume.

On the export front, tractor exports grew by 67.4%, with 581 tractors being exported in April 2025, compared to 347 tractors in the corresponding month of 2024.

Escorts Kubota was optimistic about the coming months due to positive macroeconomic factors like:

• A healthy rabi harvest,
• Higher crop prices,
• Ample water levels in reservoirs
• And a positive rural sentiment that will propel demand in segments.

Bottomline, the company reported a 8.5% quarter-on-quarter year-on-year net profit increase in Q3 FY25 at ₹323.2 crore from ₹298 crore of the same quarter last year.

Top line in the quarter went up 8.5% at ₹2,935 crore from ₹2,706.4 crore in December quarter FY24. The company’s EBITDA rose 3% at ₹335.4 crore in Q3 FY25 from ₹326 crore in Q3 FY24. In spite of this, EBITDA margins fell to 11.4%, compared with 12% in the equivalent period in the prior year, which shows operating profitability pressure.