Escorts Kubota’s Agri Machinery Business sold 8,731 tractors in July, up 22% from 7,154 units a year ago. Domestic tractor sales rose 23.7% to 8,194 units from 6,624 units, while exports edged up 1.3% to 537 units from 530 units.
The company said improved rainfall during July helped narrow the cumulative rainfall deficit to 14-15%, while Kharif sowing gathered pace, supporting rural demand and sentiment. It, however, said the progress of the monsoon and Kharif crop, a delayed festive season in the third quarter, input cost pressures and a high base in the coming months remain key factors to watch.
Escorts Kubota‘s Construction Equipment Business also reported strong growth, with sales rising 49.2% year-on-year to 534 machines in July from 358 units a year earlier. The company attributed the growth to a lower base following last year’s implementation of BSV emission norms, sustained infrastructure activity, continued government capital expenditure, a robust project pipeline and increasing export opportunities.
It added that geopolitical developments remain a key monitor due to their potential impact on business sentiment and commodity costs.
Meanwhile, SML Mahindra‘s total vehicle sales increased 12% year-on-year to 1,603 units in July from 1,427 units in the corresponding month last year.
Passenger vehicle sales climbed 21% to 1,186 units from 978 units, offsetting a 7% decline in cargo vehicle sales, which fell to 417 units from 449 units.For the April-July period, SML Mahindra’s cumulative sales rose 11% to 7,041 units from 6,353 units a year earlier. Passenger vehicle sales increased 19% to 5,515 units, while cargo vehicle sales declined 12% to 1,526 units.
First Published: Aug 1, 2026 9:58 AM IST
