Escorts Kubota fell 2.74% to Rs 3,244.90 after the company's agri-machinery business division sales declined by 10.82% to 5,472 units in December 2024 as against 6,136 units sold in December 2023.

The farm and construction equipment firm Escorts Kubota Ltd reported a 10.82 percent decline in December tractor sales.

Escorts Kubota Limited Agri Machinery Business Division in December 2024 sold 5,472 tractors as against 6,136 tractors sold in December 2023, recording a decline of 10%.

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Kubota this week unveiled a futuristic concept autonomous tractor called the X-tractor. The battery-powered, tracked machine was first shown at a new product exhibition in Kyoto City, Japan.

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We anticipate the tractor and non-tractor verticals to be balanced in a ratio of 80:20 or potentially 75:25,” Bharat Madan, whole-time director and CFO, Escorts Kubota Limited, told ETAuto.