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EKL Standalone FY24 Profit up by 70.9% to ₹ 1,037.2 Crore Highest Ever

Faridabad, May 09, 2024: Escorts Kubota Limited today reported highest ever Standalone Net profit after tax at ₹ 1,037.2 Crore up by 70.9% YoY as against ₹ 607.0 crore in the previous year. Revenue from operations came at ₹ 8,776.7 crore up by 5.2% YoY as against ₹ 8,345.0 crore in the previous year. EBIDTA came at ₹ 1,168.8 crore, up by 49.8% YoY as against ₹ 780.4 crore in the previous year, led by softening in commodity price, better realization, operating leverage benefit and cost control me

EKL Standalone Profit up by 48.8% YoY to ₹ 277.3 Crore in Q3FY24

Faridabad, February 08, 2024: Escorts Kubota Limited(EKL) today reported standalone net profit of ₹ 277.3 crore in quarter ended December 31, 2023, up by 48.8% as against a net profit of ₹ 186.4 crore in corresponding period last year. Revenue from operations for the quarter came at ₹ 2,320.4 crore, up by 2.5%, as against ₹ 2,263.7 crore in the corresponding period last year. EBIDTA for the quarter came at ₹ 312.7 crore, up by 64.3%, as against ₹ 190.3 crore in corresponding period last year.

EKL reports highest ever second quarter Standalone Profit at ₹ 235 Crore

Faridabad, November 03, 2023: Escorts Kubota Limited(EKL) today reported highest ever second quarter standalone net profit of ₹ 235 crore in quarter ended September 30, 2023, as against a net profit of ₹ 87.7 crore in corresponding period last year. Revenue from operations for the quarter came at ₹ 2,046.2 crore, up by 8.6%, as against ₹ 1,883.5 crore in corresponding period last year.

EKL Standalone Q1FY24 Profit up by 91.8% to ₹ 282.8 Crore highest ever.

New Delhi, August 1, 2023: Escorts Kubota Limited(EKL) today reported highest ever standalone profit of ₹ 282.8 crore in quarter ended June 30, 2023, up by 91.8% as against a profit of ₹ 147.5 crore in corresponding quarter and up by 52.5% as against ₹ 185.5 crore in sequential quarter.

EKL Consolidated Profit up by 13.9% to ₹ 216.5 Crore in Q4FY23

New Delhi, May 10, 2023: Escorts Kubota Limited today reported consolidated net profit for the quarter ended March 2023 at ₹ 216.5 crore as against a profit of ₹ 190.0 crore in corresponding quarter of the previous year representing 13.9% growth year on year and 19.7% growth as against ₹ 180.8 crore in sequential quarter. Consolidated Revenue from operations at ₹ 2,214.5 crores up by 17.4% as against ₹ 1,886.6 crore in corresponding quarter of the previous year.

Q3 Standalone Profit Sequentially more than doubled to ₹ 186.4 cr.

New Delhi, February 08, 2023: Escorts Kubota Limited today reported net profit of ₹ 186.4 crore in quarter ended December 31, 2022, as against a profit of ₹ 201.5 crore in corresponding quarter of the previous fiscal and as against ₹ 87.7 crore after exceptional item in sequential quarter, adversely impacted due to unabsorbed inflation and adverse product mix.

Escorts Kubota Limited Q2 Standalone Net Profit at ₹ 87.7 Crore.

Escorts Kubota Limited today reported net profit of ₹ 87.7 crore in quarter ended September 30, 2022, as against a profit of ₹ 176.7 crore in corresponding quarter of the previous fiscal, adversely impacted due to unabsorbed inflation.

Escorts Kubota Ltd. Q1 Standalone Profit at ₹ 147.5 crore

New Delhi, August 1, 2022: Escorts Kubota Limited today reported net profit of ₹ 147.5 crore in quarter ended June 30, 2022, as against a profit of ₹ 185.2 crore in corresponding quarter of the previous fiscal.

Escorts Limited is now Escorts Kubota Limited

New Delhi, June 09, 2022: With reference to our earlier communication on 18th November 2021, Escorts Limited (“Escorts” or “Company”) has received requisite approvals for the name change of the Company from “Escorts Limited” to “Escorts Kubota Limited” with effect from June 09, 2022.

Escorts Construction Equipment unveils India’s first Hybrid Pick-n-Carry Crane and Mono Chassis Safe Crane at EXCON 2022

Bengaluru, 17 May, 2022: Escorts Construction Equipment (ECE), business segment the of Escorts Limited, today launched NXT13DC CNG, India’s first Hybrid Pick-n-Carry Crane, with dual Fuel (Diesel & CNG) and RC2522, India’s first Mono Chassis Safe Crane with 25T lift capacity at the EXCON 2022 in Bengaluru.

Escorts Ltd. Standalone Profit at ₹ 765.6 crore

New Delhi, May 13, 2022: Escorts Limited today reported, Standalone profit of ₹ 765.6 crores for the year ended March 31, 2022, as against a profit of ₹ 874.1 crores in the previous year. Standalone Profit for the quarter ended March 2022 at ₹ 202.2 crores as against ₹ 271.3 crores in the corresponding quarter last year.

Escorts Ltd. Q3 Standalone Profit Sequentially up 14% at ₹ 201.5 cr.

New Delhi, February 8, 2022: Escorts Limited today reported standalone quarterly profit of ₹ 201.5 crore in quarter ended December 2021 up by 14% as against a profit of ₹ 176.7 Crore in sequential quarter and down by 28.2% as against a profit of ₹ 280.7 crore in the corresponding quarter.

Escorts Limited & Kubota Corporation reinforce their long-standing partnership. Kubota increases its stake in Escorts Limited

New Delhi, November 18, 2021: Escorts Limited (“Escorts”) and Kubota Corporation (“Kubota”), a global leader (Market Cap of ~US$ 24 Bn) in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery. As part of this, Kubota Corporation shall increase its equity stake in Escorts by subscribing to new equity shares proposed to be issued by Escorts and shall become a joint promoter along with existing promoter of Escorts.

Escorts Ltd. Q2 Standalone Profit at ₹ 176.7 cr.

New Delhi, October 29, 2021: Escorts Limited today reported net profit of ₹ 176.7 crore in quarter ended September 30, 2021, as against a profit of ₹ 229.9 crore in corresponding quarter of the previous fiscal and as against ₹ 185.2 crore in sequential quarter.

Escorts Limited and IndusInd Bank come together to serve the farming community

New Delhi, September 14th, 2021: Escorts Limited (Agri Machinery) reinforces its relationship with IndusInd Bank with a formal Memorandum of Understanding that will pave the way for both companies to provide one of the best financial offerings to its customers.

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