'
Escorts Kubota hosted
a conference call on Nov 4, 2025. The company was represented by Mr. Bharat
Madan, Chief Financial Officer; Mr. Neeraj Mehra, Chief Officer of the Tractor
Business Division; and Mr. Sanjeev Bajaj, Chief Officer of the Construction
Equipment Business.
Key takeaways of the call
In Q2 FY26, tractor volume stood at 33,877 units, up by 30.3%
YoY. Construction Volume decreased 17.8% YoY to 1,146 units.
In H1 FY26, tractor volume stood at 64,458 units, up by 14.4%
YoY. Construction Volume decreased 20.7% YoY to 2,201 units.
During the H1 FY26, the railway
business divestment was successfully concluded in accordance with the
conditions outlined in the Business Transfer Agreement (BTA).
The
company has upgraded its tractor industry growth outlook for FY26, now
expecting low double-digit growth compared to its earlier guidance of mid-single-di...
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