Escorts Kubota will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live News

Escorts Kubota Agri Machinery Business Division in February 2025 sold 8,590 tractors registering a growth of 11.4% as against 7,709 tractors sold in February 2024. Domestic tractor sales in February 2025 were at 7,968 tractors registering a growth of 9.6% as against 7,269 tractors in February 2024. While The demand from our stronger markets was good, Western region saw some pressure due to lower crop prices impacting liquidity. Going forward, with increased Rabi sowing, good water reservoir levels and favourable base effect, we anticipate growth momentum to continue in coming months. Export tractor sales in February 2025 were at 622 tractors registering a growth of 41.4% as against 440 tractors sold in February 2024.Powered by Capital Market - Live News

Net profit of Escorts Kubota rose 7.41% to Rs 320.64 crore in the quarter ended December 2024 as against Rs 298.51 crore during the previous quarter ended December 2023. Sales rose 8.08% to Rs 2948.02 crore in the quarter ended December 2024 as against Rs 2727.61 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2948.022727.61 8 OPM %11.2711.93 - PBDT438.61414.64 6 PBT377.08358.02 5 NP320.64298.51 7 Powered by Capital Market - Live News

Escorts Kubota announced that the Board of Directors of the Company at its meeting held on 10 February 2024, has recommended a Interim dividend of Rs.10 per share (i.e.100%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Escorts Kubota Construction Equipment Business Division in January 2025 sold 544 machines as against 554 machines sold in January 2024, recording a decline of 1.8%. Construction Equipment (CE) industry may experience a short-term impact of the price escalation due to BSV changeover, however medium and long term growth momentum is expected to continue led by government spending on infrastructure projects, including Roads, Smart cities, Railways and irrigation projects.Powered by Capital Market - Live News