ESCORTSNSEEscorts Kubota Limited· Automobiles - 4 WheelersHighNeutral
Announced Tue, 4 Nov · 13:57 IST

Escorts Kubota Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.

Revenue Growth 20pctExceptional ItemRevenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Escorts Kubota posted standalone revenue from operations of ₹2,777.42 crore for Q2 FY26, up about 22.6% from ₹2,264.92 crore in the same quarter last year; H1 FY26 revenue rose to ₹5,260.78 crore from ₹4,821.23 crore. Net profit from continuing operations stood at ₹321.18 crore for the quarter (vs ₹302.66 crore YoY), with H1 FY26 continuing-ops profit at ₹693.79 crore vs ₹568.85 crore. The agri machinery segment was the main growth driver (Q2 revenue ~29% higher YoY at ₹2,432.88 crore), while construction equipment revenue fell around 11% to ₹338.10 crore. The Railway Equipment Division (RED) was sold to Sona BLW Precision Forgings (Sona Comstar) on a slump sale basis for ~₹1,600 crore in Q1 FY26, contributing ₹1,004.37 crore profit after tax under discontinued operations and driving total H1 net profit to ₹1,721.42 crore. An exceptional gain of ₹75.99 crore from sale of land and building to Sona Comstar was also booked.

Likely market impact

Core agri-machinery business is driving strong top-line and margin growth, which is positive for shareholders, but the headline net profit is flattered by the one-time gain from the RED business divestment. Weakness in construction equipment is a near-term watchpoint; the company has also reduced its board size from 18 to 16 directors following two resignations.