Escorts Ltd

Manish Sharma, the former Panasonic India Chairman & CEO, has joined farm- and construction-equipment major Escorts Kubota, according to a regulatory filing. Sharma, a veteran consumer durables and manufacturing executive, has joined as President of Escorts Kubota's Agri Business, the company's largest business segment. He will be responsible for the Tractor Business Division, Agri Solutions Business Division and Service and Spare Parts Business Division in domestic and international markets, Escorts Kubota said in a regulatory filing on Monday. This move marks a new chapter for Sharma, who has over three decades of experience in the appliances and consumer electronics industry, including a 17-year long leadership role at Panasonic India. His appointment comes at a time when Escorts Kubota is sharpening its focus on technology-led farm mechanisation, exports and premiumisation of its tractor portfolio amid increasing competition in the agricultural machinery sector. Founded by ..

Escorts Kubota shares rose following a healthy business update for September. The total sales soared 47.6% Y-o-Y to 18,267 units in Sept 2025, from 12,380 units in Sept 2024.

Escorts Kubota shares advanced after the company launched the 'PRO588i-G', a new Kubota-branded combine harvester in Punjab and Haryana.

How Swraj Paul's bids for Escorts and DCM jolted promoter complacency and rewired attitudes to hostile takeovers and shareholder rights

While management remains optimistic about near-term demand and has completed channel inventory rationalization, regaining lost market share will be critical, according to analysts.

Escorts share price: Escorts Kubota said its December 2024 sales fell 10.8 per cent year-on-year (Y-o-Y) to 5,472 units compared with 6,136 units sold in December 2023

Tractor sales in the festive months, spanning from September to November, are expected to grow 8-10 per cent this year on the back of good monsoon lifting market sentiments, according to farm and construction equipment firm Escorts Kubota Ltd whole-time director and CFO Bharat Madan. After a soft first half, the tractor industry is expected to gain momentum in the second half of the ongoing fiscal, growing in double digits, leading to an overall mid-single digit growth for the full year, he told PTI. "If you look at (festive) season months, which we normally count as September to November, we expect there'll be a growth of 8 to 10 per cent this year over last year's season months," Madan said. He was responding to a query on how tractor sales in the industry fared during the festive season. The festive season months account for about 40-45 per cent of the industry sales, he said, adding that this year, "in terms of volume, the industry will be somewhere around 3,25,000 tractors" fo

A normal monsoon, as predicted by the India Meteorological Department (IMD), is likely to boost farmers' income which may drive up tractor demand, analysts said

Farm and construction equipment manufacturer Escorts Kubota Ltd plans to invest up to Rs 4,500 crore over the next three to four years to set up a new manufacturing plant, according to its whole-time director and CFO Bharat Madan. The company is currently in talks with the Rajasthan government for a site at Ghiloth, where it intends to set up the greenfield plant to double its domestic tractor production capacity to 3.4 lakh units annually, while also setting up new engine and construction equipment lines in phases. "The greenfield plant will involve doubling tractor production capacity, setting up a new engine line and a construction equipment line in phases. Overall, the greenfield project may cost Rs 4,000 crore to Rs 4,500 crore over the next three-four years," Madan told PTI. He further said, "This year we expect to procure land which may cost Rs 400 crore to Rs 450 crore and then start construction by the end of this fiscal. At present, the company has a total annual tractor

Farm and construction equipment manufacturer Escorts Kubota on Friday said its consolidated net profit rose over two-fold to Rs 223 crore for the second quarter ended September, driven by brisk sales in the construction and railway equipment segments. The company had reported a net profit of Rs 99 crore in the July-September period of the last fiscal. The total income increased to Rs 2,154 crore in the second quarter of the current fiscal from Rs 1,969 crore in the year-ago period, Escorts Kubota said in a regulatory filing. The company said tractor sales declined to 22,024 units in the second quarter as against 23,703 units in the corresponding period last year. On the other hand, construction equipment volume went up 72 per cent to 1,577 units in the September quarter as compared to 917 units in the corresponding period last year. The company's revenue from railway equipment rose 29 per cent to Rs 234 crore as against Rs 182 crore in the corresponding period last year. Shares o

Year-to-date sales for construction equipment registered a 56.7 per cent rise as the sales zoomed from 1,883 units during Apr-Sep 2022, to 2,950 units for Apr-Sep 2023

With the rapid pace of urbanisation and modernisation in India, the future seems bright for Railway Equipment business Division as Indian Railway network is growing at a healthy rate

M&HCV segment witnessed mixed performance while LCV segment witnessed near double digit de-growth leading to overall de-growth in CV space.

Titan and Escorts look promising on the charts, while Star Health and Allied Insurance, Nazara Technologies and Rallis India need to conquer major hurdles for further gains, technical charts suggest.

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The company, which has started exporting electric tractors to markets like the US and Europe, expects it to contribute up to 15 per cent of its overall overseas shipments in the next five to six years

Farm machinery and construction equipment major Escorts Ltd on Friday reported a 28.42% decline in consolidated net profit at Rs 189.98 crore in the fourth quarter ended March, impacted by lower sales

Shares of the Manyavar-brand owner Vedant Fashions to debut on the bourses on Wednesday.

The company had posted a consolidated net profit of Rs 286.42 crore in the same quarter last fiscal

Farm machinery and construction equipment major Escorts Ltd on Wednesday reported a 30% decline in total tractor sales at 7,116 units in November 2021.