Mumbai, Dec. 1 -- Domestic sales also rose 15.9% to 10,122 units in November 2025 compared with 8,730 units sold in November 2024.

The company's exports jumped 87.7% to 458 units in November 2025 as against 244 units posted in November 2024.

Further, the company's construction equipment business division sold 452 machines in November 2025, registering a decline of 6% from 481 machines sold in November 2024.

The company said the construction equipment industry continued to face headwinds due to prolonged monsoons, sluggish project mobilization, and depressed rental rates. Looking ahead, it expects a gradual improvement supported by government initiatives aimed at enhancing fund flow for infrastructure projects and stimulating industrial...