Domestic tractor sales fell 16.2% to 14,911 tractors in September 2026 as against 17,803 tractors in September 2025. The company stated that the September 2026 performance is not comparable with the corresponding period last year, given the high base following the GST rate reduction in September 2025, shift in the festive season to October 2026, patchy monsoon conditions and relatively lower Kharif sowing.
Looking ahead, festive demand, crop harvesting and improving rural liquidity are expected to support industry volumes. However, the high base effect may continue to moderate industry growth in the near term.
Export tractor sales in September 2026 were at 303 tractors as against 464 tractors sold in September 2025, down 34.7% YoY.
Escorts Kubota's Construction Equipment Business has sold 795 machines in September 2026, registering a growth of 92.5% as against 413 machines sold in September 2025.
The construction equipment industry maintained its growth trajectory in September 2026, driven by continued government-led infrastructure investments, sustained project execution across roads, railways, urban infrastructure and mining activities, and healthy demand for mechanization.
Export opportunities also remained supportive across key markets. However, geopolitical uncertainties continue to be important factors to watch.
Escorts Kubota (EKL) is one of India's leading engineering conglomerates with eight decades of experience in manufacturing excellence. Aligned to its purpose of leading the existence of spreading prosperity & impacting lives, it has helped accelerate India痴 socio-economic development through its presence across the high-growth sectors of agricultural mechanization and transformation of Indian construction.
The company had reported 72.38% fall in net profit to Rs 385.94 crore despite a 28.30% increase in revenue to Rs 3,207.55 crore in Q1 FY27 as compared with Q1 FY26.
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