The Agri Machinery Business Division sold 8,729 tractors in April 2025, representing a 1.2% decline compared to 8,839 tractors sold in the same month last year. This comes after the division posted a robust 15% year-on-year growth in March 2025.
01 May 2025 | 348 Views | By Sreejith Rajan
Escorts Kubota Limited (EKL), one of India's leading engineering conglomerates, has reported a modest sales decline in April 2025, following an exceptionally strong performance in March, according to the company's latest regulatory filing dated May 1, 2025.
The Agri Machinery Business Division sold 8,729 tractors in April 2025, representing ...
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Escorts Kubota Limited (EKL), one of India's leading engineering conglomerates, has reported a modest sales decline in April 2025, following an exceptionally strong performance in March, according to the company's latest regulatory filing dated May 1, 2025.
The Agri Machinery Business Division sold 8,729 tractors in April 2025, representing a 1.2% decline compared to 8,839 tractors sold in the same month last year. This comes after the division posted a robust 15% year-on-year growth in March 2025, when it sold 11,374 units compared to 9,888 units in March 2024.
Domestic tractor sales in April 2025 reached 8,148 units, down 4.1% from 8,492 units in April 2024. The company attributed this decrease to "festive preponement to March 2025," as the Chaitra Navratri festival, which typically drives significant seasonal demand, fell primarily in March this year. Export sales, however, surged by 67.4%, with 581 tractors shipped overseas compared to 347 units in April 2024, continuing the export momentum seen in Q4 FY25.
"Looking ahead, with favorable macro-economic conditions - successful rabi harvest, higher crop prices, and sufficient water levels in reservoirs, we anticipate an increase in demand momentum going forward across different regions," the company stated in its filing.
The Construction Equipment Business Division continued to face challenges, with sales dropping to 400 machines in April 2025, a 14% decrease from 465 machines sold in April 2024. This follows a 16.3% decline in March 2025, when the division sold 614 machines compared to 734 in March 2024. The persistent decline is primarily attributed to "cost escalation on account of change in emission norms" that became effective in January 2025.
Despite these short-term challenges, Escorts Kubota remains optimistic about the construction equipment segment, anticipating that "demand will start picking-up momentum in the second half of this fiscal year" as the government continues to prioritize infrastructure development.
The April figures come on the heels of Escorts Kubota's fiscal year 2024-25 performance, which saw modest growth in the tractor segment. For the full fiscal year, the company sold 115,554 tractors, marking a 1.0% growth compared to 114,396 units in FY24. Domestic sales increased by 1.6% to 110,563 units, while export sales declined by 11.2% to 4,991 units over the same period.
The company's recent performance reflects its ability to navigate seasonal variations and regulatory challenges while maintaining its strong position in India's agricultural machinery sector. As the domestic tractor market approaches an anticipated milestone of 1 million units by FY26, Escorts Kubota's planned capital expenditure and investments in new production facilities signal its commitment to long-term growth and innovation.