Domestic Tractor Demand Strong, Exports Decline - Escorts Kubota

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New Delhi, April 1 Farm and construction equipment firm Escorts Kubota Ltd reported a 6.6 per cent increase in total tractor sales at 12,119 units in March 2026, compared to the same month last year.

The company had sold a total of 11,374 units in March 2025, Escorts Kubota Ltd said in a regulatory filing.

Domestic sales were at 11,582 units last month, up 7.5 per cent from 10,775 units in March 2025, it added.

However, exports were down 10.4 per cent last month at 537 units, compared to 599 units in the year-ago month, the company said.

The domestic tractor industry continued its steady performance in March 2026, supported by sustained rural demand and the gradual onset of Rabi harvesting in select regions, it said.

While harvesting activities experienced a slight delay due to recent rainfall, the overall Rabi outlook remains positive, aided by above-normal reservoir levels across the country, Escorts Kubota said.

On the outlook, the company said with improved water availability and strengthening farm sentiment, agricultural momentum is expected to continue in the coming months.

However, the evolving geopolitical situation poses intermittent supply-side risks, including the potential non-availability of key fertilisers, which could impact Kharif crop preparedness, it noted.
 

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agricultural demand domestic sales escorts kubota ltd exports fertilizer supply geopolitical risk march 2026 rabi harvesting tractor sales
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