'
Escorts Kubota hosted
a conference call on Feb 10, 2026. 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 Q3 FY26, tractor volume stood at 36,955 units, up by
13.5% YoY. Construction Volume decreased 13.7% YoY to 1,716 units.
During 9M FY26, tractor volume stood at 1,01,413 units, up
by 14% YoY. Construction Volume decreased 17.8% YoY to 3,917 units.
Elevated water reservoir levels, recent GST reforms, and
healthy rural sentiment supported growth in domestic agri machinery products.
Going forward, the company expects a gradual improvement in
the construction equipment segment, supported by increased government investments
in infrastructure projects.
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