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Escorts Kubota Tractor Sales Drop 10.7% in January 2025 – Export Sales Rose by 66%


By Robin Kumar AttriUpdated On: 03-Feb-25 05:59 AM
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ByRobin Kumar AttriRobin Kumar Attri |Updated On: 03-Feb-25 05:59 AM
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Escorts Kubota's January 2025 tractor sales dropped 10.7% domestically, but exports rose 66%. Will demand recover in the coming months?
Escorts Kubota Taractor Sales Drop 10.7% in January 2025 – Export Sales Rose by 66%
Escorts Kubota Taractor Sales Drop 10.7% in January 2025 – Export Sales Rose by 66%

Key Highlights

  • Domestic tractor sales fell 10.7% to 6,058 units in Jan 2025.
  • Total sales dropped 6.7% to 6,669 units from last year.
  • Exports rose 66% to 611 units, boosting international growth.
  • April-Jan FY25 sales declined 1.2% to 95,590 units.
  • The company expects recovery with rabi sowing, harvesting, and festivals.

Escorts Kubota Limited (EKL) has reported its tractor sales figures for January 2025, revealing a 10.7% decline in domestic sales. The company sold 6,058 tractors in India, compared to 6,782 units in January 2024. However, exports grew 66%, with 611 tractors shipped overseas, up from 368 units last year.

Also Read: Indian Bank and Escorts Kubota Join Hands to Make Tractor Financing Easier for Farmers

January 2025 Sales Performance

In total, Escorts Kubota sold 6,669 tractors in January 2025, marking a 6.7% decline from the 7,150 units sold in January 2024. While domestic sales slowed down, the company remains optimistic about future demand, citing increased rabi sowing, the upcoming harvesting season, and festive demand as key drivers for growth in the coming months.

Particulars

January 2025

January 2024

% Change

Domestic Sales

6,058

6,782

-10.7%

Export Sales

611

368

+66%

Total Sales

6,669

7,150

-6.7%

April 2024 - January 2025: Year-to-Date Performance

For the April 2024 - January 2025 period, Escorts Kubota's total sales reached 95,590 units, down 1.2% from 96,799 units in the previous year.

  • Domestic sales showed a slight drop of 0.4%, with 91,820 tractors sold compared to 92,153 units in FY 2024.
  • Export sales saw a significant decline of 18.9%, with 3,770 tractors exported versus 4,646 units last year.

Particulars

FY 2025 (April-Jan)

FY 2024 (April-Jan)

% Change

Domestic Sales

91,820

92,153

-0.4%

Export Sales

3,770

4,646

-18.9%

Total Sales

95,590

96,799

-1.2%

Outlook for Escorts Kubota

Despite the slowdown in domestic sales, Escorts Kubota remains hopeful that strong agricultural activities, a favourable harvesting season, and upcoming festivals will drive demand in the near future. The company’s export growth of 66% in January 2025 is a positive sign, balancing out the decline in local sales.

Industry experts will keep an eye on the next few months to see if domestic sales recover as expected. Meanwhile, Escorts Kubota’s focus on expanding export markets could help counteract domestic fluctuations and stabilize overall performance.

Also Read: Mahindra Tractors Sales Report Jan 2025: 15% Growth, 26,305 Units Sold

CMV360 Says

Escorts Kubota reported a 10.7% drop in domestic tractor sales in January 2025, but export sales rose by 66%. Despite the slowdown, the company remains optimistic about future demand, driven by rabi sowing, harvesting, and festive sales. The next few months will be crucial in determining whether domestic sales can rebound and stabilize overall growth.

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