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Escorts Kubota’s construction equipment segment reports 10% rise in December sales

01 Jan 2025 Evaluate

Escorts Kubota’s construction equipment business division in December 2024 sold 873 machines, company’s highest ever monthly sales registering a growth of 10.2% as against 792 machines sold in December 2023.

Construction Equipment (CE) December sales were driven by the upcoming changes in emission standards set to take effect in January 2025. Looking ahead, the company anticipates a favorable market trend in the CE industry supported with expected capex push by the central government in coming months, but emission norm changes and resultant cost increase may have some impact on the demand in the short term.  

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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