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.
Bu hikaye Mint Mumbai dergisinin December 28, 2024 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin December 28, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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