Escorts Kubota Limited has informed the Exchange regarding appointment of Cost Auditor for FY 2026-27
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Escorts Kubota reported strong FY2025-26 results with standalone revenue of ₹11,472.78 Crores, up 12.6% from ₹10,186.96 Crores in the previous year. Net profit grew 24.4% to ₹1,380.95 Crores versus ₹1,110.03 Crores. The Board recommended a final dividend of ₹33 per share (330%), adding to the ₹18 interim dividend already paid, totaling ₹51 per share for the year. Exceptional items included a ₹75.99 Crore gain from land/building sale to Sona Comstar and ₹52.46 Crore expense from new labour code implementation. The Railway Equipment Division (RED) sale to Sona Comstar for ₹1,600 Crores was completed during Q1 FY26, contributing ₹1,004.37 Crore profit from discontinued operations. Cost auditors M/s. Ramanath Iyer & Co. were appointed for FY 2026-27. Walker Chandiok & Co LLP issued an unmodified (clean) opinion on both standalone and consolidated financials.
Strong profitability growth with 24% PAT increase and robust dividend payout signals healthy financial health. The clean audit opinion and completion of the RED Business sale provide investor confidence. Revenue growth of ~13% demonstrates solid operational performance across agri-machinery and construction equipment segments.