Escorts Kubota Limited — Updates, 04-08-2025: Press Release
04-08-2025 | 02:31 pm
04-08-2025 | 02:31 pm
Escorts Kubota's latest financial results show a robust 361.3% jump in net profit to ₹1,400.2 Crore for the quarter. This significant surge is primarily driven by a ₹1,601.7 Crore gain from the successful divestment of the Railway Equipment Division (RED) business. From continuing operations, revenue saw a slight dip to ₹2,483.4 Crore, but net profit still grew by 40% to ₹372.6 Crore. Tractor volumes saw a modest increase. However, Construction Equipment sales and margins decreased, impacted by inventory clearance and a transition to new emission norms. The RED divestment is a key financial highlight for investors.
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