Escorts Kubota Reports Steady Q4 Growth Amidst Rising Expenses

Escorts Kubota Ltd has announced a slight increase in its consolidated net profit for the fourth quarter, reaching Rs 320.52 crore, a marginal rise from the previous year's Rs 318.42 crore. The company's fourth-quarter revenue stood at Rs 2,968.16 crore, marking an uptick from Rs 2,444.88 crore recorded in the corresponding period last year.

The figures reveal a robust performance in tractor volumes, which grew by 21.1% with 32,257 units sold this quarter, as opposed to 26,633 units one year ago. In parallel, sales of construction equipment experienced a moderate increase with 1,877 units sold this year compared to 1,719 units last year.

Despite the revenue growth, Escorts Kubota faced increased expenses, totaling Rs 2,662.19 crore, up from Rs 2,224.46 crore in the same quarter of the previous year. The company has proposed a final dividend of Rs 33 per share for FY26, pending shareholders' approval.

(With inputs from agencies.)