Escorts Kubota Limited , a leading engineering conglomerate in India, has reported a mixed performance across its business divisions for October 2025. The company's Agri Machinery Business achieved record-breaking monthly sales, while the Construction Equipment Business faced challenges.

Agri Machinery Business Highlights

The Agri Machinery Business division of Escorts Kubota Limited reported its highest monthly sales in October 2025, with 18,798 tractors sold. This represents a 3.8% growth compared to the same period last year. Here's a breakdown of the tractor sales:

The strong performance in the tractor segment can be attributed to several factors:

• Preponed festive season demand
• Consistent government support
• Reduced GST rates
• Favorable agricultural conditions
• Adequate water reservoir levels

Construction Equipment Business Challenges

In contrast to the robust tractor sales, the Construction Equipment Business Division faced significant headwinds:

The construction equipment sector is currently experiencing difficulties due to:

• Extended monsoon season
• Slow mobilization of infrastructure projects

Year-to-Date Performance (April - October 2025)

Looking at the seven-month period from April to October 2025, the company's performance shows divergent trends:

Future Outlook

Despite the challenges in the construction equipment sector, Escorts Kubota Limited remains optimistic about the future. The company expects the construction equipment industry to recover in the remaining part of the fiscal year, citing the government's commitment to infrastructure investments and the initiation of new projects across the nation.

For the tractor segment, the company anticipates stable demand during the upcoming rabi season, reinforcing a positive outlook for the industry.

Management Changes

In a separate announcement, Escorts Kubota Limited informed that Mr. Dai Watanabe has resigned from his position as Non-Executive-Nominee Director of the company, effective October 31, 2025. The resignation was due to his pre-occupation with other professional assignments.

As Escorts Kubota Limited navigates through these mixed market conditions, investors and industry observers will be keenly watching how the company adapts its strategies to capitalize on the strong agricultural sector performance while addressing the challenges in the construction equipment business.

Escorts Kubota Limited , a prominent player in the agricultural machinery sector, has announced a significant change in its board composition. Dai Watanabe has stepped down from his role as Non-Executive-Nominee Director, effective October 31, 2025. This development comes as Kubota Corporation, the holding company of Escorts Kubota, withdraws Watanabe's nomination.

Resignation Details

Watanabe cited pre-occupation with other professional assignments as the primary reason for his departure. In his resignation letter, he stated, "I hereby tender my resignation from the position of Non-Executive Director of the Company with immediate effect i.e. from October 31, 2025, due to my pre-occupation in other professional assignments."

The resignation not only marks Watanabe's exit from the board but also terminates his membership in the company's Nomination, Remuneration and Compensation Committee.

Corporate Governance Implications

This change in the board's composition could have potential implications for Escorts Kubota's corporate governance structure. The table below summarizes the key details of Watanabe's resignation:

Company's Response

Escorts Kubota Limited has promptly informed the stock exchanges about this development, adhering to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's disclosure demonstrates its commitment to transparency in corporate affairs.

Arvind Kumar, Company Secretary of Escorts Kubota Limited, confirmed the resignation in a formal communication to the BSE Limited and National Stock Exchange of India Limited.

Conclusion

Watanabe's departure marks a change in Escorts Kubota's board composition. The company has not announced any immediate plans for his replacement. Stakeholders will likely be observing how this change might influence the company's strategic direction and governance in the coming months.