Results - Announcements
Escorts Kubota Ltd share price softened by 0.39% to Rs 2424.45 after the company's net profit plunged by 35.16% to Rs 250.22 crore, while revenue from operations slightly gained 1.12% to Rs 3243.41 crore in Q2FY27 over Q2FY26.
The market capitalization of Tractors industry group stocks on BSE stood at Rs 38709.59 crore, gaining 1.25%. It has slipped by 1.53% over last one week and tumbled 21.05% in last one month while the market capitalization of Escorts Kubota Ltd has eased by 1.47% and 22.07% in the same period respectively.
Profit before tax (PBT) of Escorts Kubota Ltd stood at Rs 338.72 crore in Q2 FY27, tumbling by 20.72% year-on-year, and tanking 31.17% quarter-on-quarter. EBITDA came in at Rs 165 crore, crashing by 26.99% YoY and rising by 12.26% sequentially.
Total expenses saw a slight increase of 3.61% to Rs 3023.45 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 2164.7 crore, rising 13.34% YoY, while employee benefits expense was at Rs 237.81 crore, surging 12.97% YoY.
For FY26, revenue from operations advanced 12.66% to Rs 11540.26 crore, while net profit surged by 21.56% to Rs 1366.42 crore, compared to previous FY. EBITDA soared by 71440% to Rs 930.0 crore, and PBT jumped 34.03% to Rs 1810.76 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 1381.16 crore in FY26, as against Rs 1003.19 crore in FY25.
Escorts Kubota Ltd nosedived by 32.94% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.37% during the same period.