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Escorts Kubota’s construction equipment segment reports 12.2% growth in sales in December

02 Jan 2023 Evaluate

Escorts Kubota’s Construction Equipment Segment has sold 423 machines in December 2022, registering a growth of 12.2% as against 377 machines sold in December 2021. The company is witnessing improved demand across all three business segments, namely, Pick and Carry cranes, Earth Moving and Road Construction segments, as the infrastructure projects are now moving at a fast pace. Earlier, in November 2022, the company had sold 402 machines under Construction Equipment Segment. 

Escorts Kubota is one of India's leading engineering conglomerates with over six decades of experience. It has helped accelerate India’s socio-economic development through its presence across the high growth sectors of Agri-machinery, construction & material handling equipment and railway equipment.

Peers
Company Name CMP
Escorts Kubota 2856.45
VST Tillers Tractors 4466.15
Indo Farm Equipments 138.25
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