Earnings Review
Escorts Kubota Q3 PAT up as sales growth more than expense
This story was originally published at 18:29 IST on 10 February 2026
Register to read our real-time news.Informist, Tuesday, Feb. 10, 2026
Please click here to read all liners published on this story
--Escorts Kubota Oct-Dec net profit INR 3.62 bln
--Analysts saw Escorts Kubota Oct-Dec net profit INR 3.96 bln
--Escorts Kubota Oct-Dec revenue INR 32.61 bln
--Analysts saw Escorts Kubota Oct-Dec revenue INR 31.96 bln
--Escorts Kubota Oct-Dec net profit INR 3.62 bln vs INR 3.23 bln yr ago
--Escorts Kubota Oct-Dec revenue INR 32.61 bln vs INR 29.35 bln yr ago
--Escorts Kubota Apr-Dec net profit INR 20.84 bln vs INR 9.53 bln yr ago
--Escorts Kubota Apr-Dec revenue INR 85.22 bln vs INR 77.57 bln yr ago
--Escorts Kubota to pay INR 18 per share special dividend
--Escorts Kubota special dividend record date is Feb 16
--Escorts Kubota Q3 agri machinery revenue INR 27.70 bln vs INR 24.17 bln
--Escorts Kubota Q3 construction equipment sales INR 4.90 bln vs INR 5.16 bln
--Escorts Kubota to invest INR 5.93 bln to set up mfg unit
--Escorts Kubota to set up tractor, construction equipment mfg unit in UP
--Escorts Kubota Oct-Dec EBITDA INR 4.39 bln, up 30.9% on year
--Escorts Kubota Oct-Dec EBITDA margin 13.5%, up 203 bps on year
--Escorts Kubota Oct-Dec agri machinery EBIT margin 13.5% vs 10.4% yr ago
--Escorts Kubota Oct-Dec construction ops EBIT margin 6.6% vs 11.0% yr ago
By Divya Moolayattil
MUMBAI – Escorts Kubota Ltd.'s net profit for the December quarter rose in low double-digit both on year and on quarter, as the growth in total income was faster than the growth in total expenses. However, the company's bottom line and top line did not meet the Street's estimates. The company sold higher number of tractors in the December quarter but saw a drop in sales of construction equipment.
The company reported a net profit of INR 3.62 billion for the December quarter, up over 12% on year and nearly 13% on quarter. There was no profit from discontinued operations of the company's railway division, which it sold to Sona BLW Precision Forgings Ltd. in the last financial year. In the year ago quarter, profit from the discontinued operations was INR 438.4 million, which helped the company report a net profit of INR 3.23 billion.
The company's revenue from operations for the December quarter was INR 32.61 billion, up over 11% on year. Other income rose nearly 41% on year to INR 1.54 billion. Total income increased over 12% on year to INR 34.15 billion.
The company's total expenditure for the quarter was INR 28.92 billion, up nearly 9% from INR 26.64 billion a year ago. This was mainly because of rise in cost of materials consumed to INR 15.87 billion, up over 6% on year. The purchase of stock in trade almost doubled to INR 4.35 billion.
The company sold 36,955 tractors in the December quarter, up 13.5% a year ago. The company's revenue from agricultural machinery products was INR 27.87 billion, up nearly 15% on year. The segment accounted for 85% of the company's total revenue for the December quarter. Sales of construction equipment fell to 1,716 units from 1,989 units a year ago. Revenue from the construction equipment segment was down 5% on year to INR 4.89 billion in the December quarter.
The company reported earnings before interest, tax, depreciation, and amortisation of INR 4.39 billion, up 31% on year. Escorts Kubota's EBITDA margin for the December quarter was 13.5%, up 203 basis points from the previous year. The EBIT margin of the agricultural machinery business was 13.5%, against 10.4% a year ago. The EBIT margin of the construction equipment business was 6.6%, down 437 bps on year.
For the nine months ended December, the company's total revenue was INR 85.22 billion, up nearly 10% on year. Net profit for the nine-month period was INR 20.84 billion, up from INR 9.53 billion a year ago.
The company declared a one-time special dividend of INR 18 per share of INR 10 face value. The record date for the payment of special dividend is Feb. 16.
The company said it will invest INR 5.93 billion to set up a new plant in Yamuna Expressway Industrial Development Authority area in Uttar Pradesh for manufacturing tractors, construction equipment, and other products.
Shares of Escorts Kubota Tuesday closed over 1% higher at INR 3,823.60 on the National Stock Exchange. The company announced its results during market hours. End
Edited by Ashish Shirke
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
