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The official announcement was made on 3 April 2026.
Escorts Kubota is primarily engaged in the business of manufacturing agricultural tractors, engines for agricultural tractors, construction, earthmoving, and material handling equipment; round and flat tubes; heating elements; and double-acting hydraulics
The company’s consolidated net profit increased 11.8% to Rs 358.32 crore on an 11.3% jump in net sales to Rs 3,280.49 crore in Q3 FY26 over Q3 FY25.
It added that the recent GST cut and improvement in terms of trade, are likely to limit the decline in tractor volumes.
The brokerage also highlighted that the Escorts Kubota's recent launches aim to address product gaps and should drive market share gains. With newer launches in the tractor segment, it believes the company’s the market share has bottomed out and will start inching upward in the coming quarters. It said the construction equipment industry is well-poised for recovery from the ongoing calendar year.
Further, the brokerage expects Escorts Kubota's construction equipment segment to recover from the calendar year 2026. The company’s diversification into spares, engines and agri-solutions should help broaden revenue base, the brokerage said.
Meanwhile, the tractor manufacturer announced that its agri-machinery business division sales grew by 20.4% to 10,339 units in February 2026 as against 8,590 units sold in February 2025.
Escorts Kubota is primarily engaged in the business of manufacturing agricultural tractors, engines for agricultural tractors, construction, earthmoving, and material handling equipment; round and flat tubes; heating elements; and double-acting hydraulics.
The company’s consolidated net profit increased 11.8% to Rs 358.32 crore on 11.3% jump in net sales to Rs 3,280.49 crore in Q3 FY26 over Q3 FY25.
The company’s exports fell 1.3% to 614 units in February 2026 as against 622 units posted in February 2025.
Further, the company’s construction equipment business division sold 588 machines in February 2026, registering a growth of 4.8% from 561 machines sold in February 2025.
Shares of Escorts Kubota shed 0.76% to Rs 3,490 on the BSE.
Auto shares witnessed buying demand for second consecutive trading session.
At 10:25 IST, the barometer index, the S&P BSE Sensex advanced 232.47 points or 0.28% to 82,497.42. The Nifty 50 index rose 49.20 points or 0.19% to 25,369.85.
The broader market underperformed the frontline indices. The BSE 150 Mid-Cap index fell 0.25% and the BSE 250 Small-Cap index declined 0.04%.
The market breadth was positive. On the BSE, 1,566 shares rose and 1,442 shares fell. A total of 164 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 3.31% to 14.09.
Buzzing Index:
The Nifty Auto index rose 0.90% to 26,991. The index jumped 1.64% in the past two consecutive trading sessions.
Hero MotoCorp (up 2.66%), Tube Investments of India (up 1.37%), Bajaj Auto (up 1.27%), Bharat Forge (up 1.26%) and Mahindra & Mahindra (up 1.21%), Maruti Suzuki India (up 0.96%), Sona BLW Precision Forgings (up 0.78%), Exide Industries (up 0.61%), Eicher Motors (up 0.6%) and Tata Motors Passenger Vehicles (up 0.39%) surged.
Stocks in Spotlight:
The New India Assurance Company rose 2.35% after reporting a consolidated net profit rise of 8.9% YoY to Rs 379.95 crore in Q3 FY26, compared with Rs 349.05 crore in the corresponding quarter last year. Total income increased 14.2% YoY to Rs 12,234.97 crore in the quarter ended 31 December 2025.
Escorts Kubota advanced 2.18% after the company’s Agri Machinery Business in January 2026 sold 9,799 tractors registering a growth of 46.9% as against 6,669 tractors sold in January 2025.
Ashoka Buildcon added 2.79% after its consolidated net profit zoomed 222.59% to Rs to Rs 2,111.41 crore in Q3 FY26 as against Rs 654.50 crore posted in Q3 FY25. However, revenue from operations fell 23.47% YoY to Rs 1,827.33 crore in the quarter ended 31 December 2025.
Escorts Kubota Agri Machinery Business in January 2026 sold 9,799 tractors registering a growth of 46.9% as against 6,669 tractors sold in January 2025.
Domestic tractor sales in January 2026 were at 9,137 tractors registering a growth of 50.8% as against 6,058 tractors in January 2025. The domestic tractor industry showed continued momentum in January 2026, driven by positive rural sentiment and increased farm activity due to progress in rabi sowing, improved water availability, reduction in GST rate, favorable government policies, and ongoing state subsidies. These favorable conditions are expected to fuel continued growth in the industry in the coming months.
Export tractor sales in January 2026 were at 662 tractors registering a growth of 8.3% as against 611 tractors sold in January 2025.
Exports jumped 8.3% to 662 units in January 2026, as against 611 units in January 2025.
Meanwhile, the company’s construction equipment business division sold 524 machines in January 2026, registering a decline of 3.7% from 544 machines sold in January 2025.
Escorts Kubota’s consolidated net profit declined 1.87% to Rs 318.16 crore in Q2 FY26 as against Rs 324.23 crore posted in Q2 FY25. However, revenue from operations jumped 22.58% year on year (YoY) to Rs 2,791.56 crore in the quarter ended 30 September 2025.