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01-Aug-2024

Escorts Kubota

NP up 1.1%


'For quarter ending June 2024, consolidated Net sales (including other operating income) of Escorts Kubota has declined 1.92% to Rs 2309.95 crore compared to quarter ended June 2023.  Sales of Agri Machinery Products segment has gone down 0.01% to Rs 1,693.38 crore (accounting for 73.38% of total sales).  Sales of Railway Equipments segment fell 17.83% to Rs 244.66 crore (accounting for 10.60% of total sales).  Sales of Construction Equipment segment has gone up 2.65% to Rs 369.66 crore (accounting for 16.02% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has slumped 2.41% to Rs 309.93 crore.  PBIT of Agri Machinery Products segment fell 2.84% to Rs 221.53 crore (accounting for 71.48% of total PBIT).  PBIT of Railway Equipments segment fell 19.61% to Rs 50.09 crore (accounting for 16.16% of total PBIT).  PBIT of Construction Equipment segment rose 40.54% to Rs 38.31 crore (a...



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