Escort Kubota reported a marginal increase in its consolidated net profit for the quarter ended March 31, 2026, while operating performance improved sharply during the period. Revenue from operations rose 21.40% year-on-year (YoY) to ₹2,968.16 crore from ₹2,444.88 crore, while profit attributable to owners of the parent company increased 0.66% YoY to ₹320.53 crore from ₹318.42 crore.
Total income for the quarter stood at ₹3,089.81 crore compared to ₹2,577.35 crore in the corresponding quarter last year. Total expenses increased to ₹2,662.19 crore from ₹2,224.46 crore, primarily due to higher material costs, employee expenses and other operating expenditure.
At the operating level, EBITDA stood at ₹380.54 crore for the quarter, compared to ₹287.53 crore in the year-ago period, registering a growth of 32.35%. EBITDA margin improved to 12.82% from 11.76%, indicating better operating leverage and improved cost efficiency.
Finance costs increased marginally to ₹5.52 crore from ₹5.14 crore, while depreciation and amortisation expense rose to ₹69.05 crore from ₹61.97 crore.
Profit before tax from continuing operations came in at ₹427.62 crore compared to ₹350.94 crore a year ago. Earnings per share (EPS) for continuing operations stood at ₹29.13 compared to ₹24.70 in the corresponding quarter last year.
Escorts Kubota operates in the agricultural machinery, construction equipment and railway equipment segments, with a strong presence in the domestic tractor market.
The Board has announced a dividend of ₹33 per equity share for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting.
Overall, the company delivered strong revenue growth and margin expansion during the March quarter, although net profit growth remained largely stable.