Escorts Kubota's ride is bumpy amid demand concerns
Mint Mumbai|December 28, 2024
Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand.
Nishant Sasne
Escorts Kubota's ride is bumpy amid demand concerns

Escorts Kubota Ltd continues to grapple with the challenges of weak export volumes and subdued construction equipment demand. The company's H1FY25 figures paint a bleak picture: total tractor volumes fell 3.6% year-on-year (y-o-y) with domestic volumes declining 2.5%. Construction equipment volume dropped 12.6%, and railway segment revenue contracted by 14.3%. However, the company expects demand trends to remain buoyant during H2FY25, going by its recent interactions with analysts at Kotak Institutional Equities.

هذه القصة مأخوذة من طبعة December 28, 2024 من Mint Mumbai.

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هذه القصة مأخوذة من طبعة December 28, 2024 من Mint Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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