Escorts Kubota reported a rise in adjusted first-quarter profit on Monday, driven by
higher tractor sales.
The company, majority-owned by Japanese tractor maker Kubota
, said net profit from continuing operations rose to
₹387 crores ($40.50 million) in the quarter ended June
30 from ₹373 crores a year ago.
Profit from continuing operations before exceptional items
rose 26%, the company said.
In the year-ago quarter, the company had reported a
one-time gain of ₹75.99 crores , related to the sale of
certain assets.
Revenue from operations climbed 28% to ₹3.17 crores
rupees, supported by strong volume growth across segments.
Expenses increased 30.3% year-on-year, primarily driven by
higher raw material costs.
Operating profit margins fell to 11.2% from 13.1% in the
year-ago quarter.
Revenue from agricultural machinery products, the
company’s main revenue-generating segment, rose nearly 26.8%,
driven by higher tractor volumes.
Total tractor sales grew 20.5% in the quarter, with
domestic volumes up 22.9%.
Analysts had expected the tractor maker to benefit from
resilient tractor demand and healthy retail sales, but added
elevated input costs and monsoon-related uncertainty could weigh
on margins.
Shares closed 0.94% higher after the results.
Published on August 3, 2026
