Escorts Kubota Ltd. has announced its financial performance for the second quarter of FY25, reporting significant growth in profit and maintaining a steady revenue stream.
Financial Highlights
- Revenue from Operations: Escorts Kubota’s revenue for Q2 FY25 stood at ₹2,476.2 crore, reflecting a modest YoY growth of 0.5%.
- EBITDA: The company’s EBITDA for Q2 FY25 was ₹267.6 crore, up 0.3% YoY, with an EBITDA margin of 10.8%.
- Net Profit: The net profit surged by 53.2% YoY, reaching ₹326.7 crore, a substantial increase from ₹213.3 crore in the corresponding quarter of the previous year.
- Earnings per Share (EPS): EPS rose significantly by 52.8% to ₹29.71.
Segment Highlights
- Tractor Volumes: Recorded 25,995 units for Q2, a slight decrease of 0.9% YoY.
- Construction Equipment Volumes: Sold 1,394 units, marking an 18.4% decline YoY.
H1 FY25 Consolidated Performance
For the half-year period ended September 2024:
- Revenue from operations reached ₹5,306.9 crore, remaining stable compared to the previous year’s ₹5,307.4 crore.
- Consolidated net profit after tax was ₹625.9 crore, up from ₹508.1 crore YoY.
- EPS for the period was ₹56.94, reflecting an improvement from ₹46.31 in the previous year.
The robust growth in profitability, despite mixed operational metrics, highlights the company’s focus on cost management and profitability in key segments.
