Escorts Kubota Limited’s Agri Machinery Business Division reported tractor sales of 10,354 units in May 2025, showing a marginal increase over the 10,286 units sold in May 2024. Despite the overall growth being modest, a shift in the domestic and export market dynamics is evident.
In the domestic market, tractor sales stood at 9,703 units in May 2025, slightly lower than the 9,906 units recorded in the same month last year. The decline of 2% is attributed to a high base and market adjustments. However, the timely onset of the monsoon has brought optimism to the agricultural sector. With preparations underway for the Kharif crop season, expectations remain positive due to an above-normal monsoon forecast, healthy water reservoir levels, and improved liquidity conditions across rural markets.
Export sales presented a more robust picture. Tractor exports surged to 651 units in May 2025, marking a 71.3% growth compared to 380 units in May 2024. This strong export performance contributed significantly to maintaining the overall growth momentum for the company during the month.
For the cumulative period of April to May 2025 (the first two months of FY26), total tractor sales stood at 19,083 units, slightly below the 19,125 units sold in the corresponding period of the previous fiscal year. Domestic sales during this period reached 17,851 units, down 3% from 18,398 units a year earlier. Meanwhile, export volumes for the same two-month period rose to 1,232 units from 727 units, reflecting a 69.5% increase.
Overall, Escorts Kubota Limited’s performance in May 2025 indicates stable market conditions, with export growth playing a critical role in offsetting the slight decline in domestic sales. The company remains aligned with agricultural trends and seasonal dynamics, with the upcoming monsoon expected to support future demand in the rural sector.
