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09-Feb-2024

Escorts Kubota

OPM jumped 508 bps


'For the quarter ending Dec 2023, consolidated Net sales (including other operating income) of Escorts Kubota has increased 2.19% to Rs 2341.62 crore compared to quarter ended Dec 2022.  Sales of Agri Machinery Products segment has gone down 3.24% to Rs 1,679.15 crore (accounting for 71.72% of total sales).  Sales of Railway Equipments segment fell 17.77% to Rs 204.98 crore (accounting for 8.75% of total sales).  Sales of Construction Equipment segment has gone up 49.35% to Rs 457.17 crore (accounting for 19.53% of total sales).  Inter-segment sales came down from Rs 3.64 crore to Rs -0.03 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 66.83% to Rs 307.39 crore.  PBIT of Agri Machinery Products segment rose 60.04% to Rs 231.69 crore (accounting for 75.37% of total PBIT).  PBIT of Railway Equipments segment rose 15.70% to Rs 37.74 crore (accounting for 12.28% of total ...



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