New Delhi: Escorts Kubota Limited (EKL) reported a 20.4% year-on-year growth in tractor sales for February 2026, driven by strong domestic demand and positive rural sentiment, while its construction equipment business posted modest gains during the month.
The company sold 10,339 tractors in February 2026 compared with 8,590 units in the same month last year. Domestic tractor sales rose 22.1% to 9,725 units from 7,968 units a year ago, reflecting continued momentum in the farm mechanisation segment.
Export tractor sales stood at 614 units, marginally lower than 622 units in February 2025.
For the April–February period of FY26, total tractor sales grew 16.7% to 1,21,551 units, up from 1,04,180 units in the corresponding period last fiscal. Domestic tractor volumes increased 15.7% to 1,15,412 units, while exports surged 39.8% to 6,139 units during the 11-month period.
The company attributed the domestic industry growth to positive rural sentiment, heightened farm activity, favourable government policies, GST reduction and an encouraging outlook for the Rabi season.
In the construction equipment (CE) segment, EKL sold 588 machines in February 2026, up 4.8% from 561 units in the year-ago month. However, for April–February FY26, CE volumes declined 14.3% to 5,029 units compared with 5,870 units in the same period last year.
The company said the CE industry witnessed steady volume improvement in February, supported by fresh project awards, faster execution and expectations of increased government spending.