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Escorts Kubota Limited (EKL) reported its monthly business update for December 2025, highlighting a significant surge in its Agri Machinery Business.

Tractor sales for December 2025 reached 7,577 units, marking a robust growth of 38.5% compared to 5,472 units sold in December 2024. This impressive performance was driven by domestic sales, which grew by 36.1% to 6,828 tractors from 5,016 units in the previous year. The company noted that the domestic tractor industry's strong performance was supported by favorable government policies, reduced GST rates, state subsidies, a strong Kharif output, enhanced Rabi sowing, and positive rural sentiment. Export tractor sales also saw substantial growth, increasing by 64.3% to 749 units from 456 units in December 2024.

For the April-December (9M) period of FY26, total tractor sales stood at 1,01,413 units, a 14.0% increase over 88,921 units in the same period of FY25. The October-December quarter (Q3 FY26) saw total tractor sales of 36,955 units, up 13.5% from 32,556 units in Q3 FY25.

In contrast, the Construction Equipment Business Division reported a slight decline in sales for December 2025, selling 812 machines compared to 873 machines in December 2024, a decrease of 7.0%. The company explained that the previous year's December sales were boosted by pre-buying ahead of emission norm changes. Despite the year-on-year dip, there was an improvement in market sentiment compared to previous months in December 2025. The industry continues to face challenges such as slow project mobilization, weak rental rates, and elevated costs due to CEV Stage V compliance, although government infrastructure spending is expected to aid gradual recovery into 2026.

For the April-December (9M) period of FY26, total construction equipment sales were 3,917 units, a decrease of 17.8% from 4,765 units in FY25. The October-December quarter (Q3 FY26) saw sales of 1,716 units, down 13.7% from 1,989 units in Q3 FY25.