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Escorts Kubota’s construction equipment segment reports 1.81% decline in January sales

01 Feb 2025 Evaluate

Escorts Kubota’s construction equipment business division in January 2025 sold 544 machines, down by 1.81% as against 554 machines sold in January 2024. Construction Equipment (CE) industry may experience a short-term impact of the price escalation due to BSV changeover, however medium and long-term growth momentum is expected to continue led by government spending on infrastructure projects, including roads, smart cities, railways and irrigation projects. 

Earlier, the company’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.

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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