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10-May-2024

Escorts Kubota

NP up 16.36%


'For the quarter ending March 2024, consolidated net sales (including other operating income) of Escorts Kubota has declined 5.46% to Rs 2093.53 crore compared to quarter ended March 2023.  Sales of Agri Machinery Products segment has gone down 11.75% to Rs 1,401.43 crore (accounting for 67.01% of total sales).  Sales of Railway Equipments segment fell 10.06% to Rs 213.35 crore (accounting for 10.20% of total sales).  Sales of Construction Equipment segment has gone up 23.84% to Rs 476.60 crore (accounting for 22.79% of total sales).  Inter-segment sales came down from Rs 1.92 crore to Rs 0.02 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 9.86% to Rs 240.96 crore.  PBIT of Agri Machinery Products segment fell 0.79% to Rs 153.83 crore (accounting for 63.84% of total PBIT).  PBIT of Railway Equipments segment rose 8.57% to Rs 35.96 crore (accounting for 14.92% of total PBIT...



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