Escorts Kubota Reports Record Q1 FY27 Revenue, Net Profit Rises 26%

Escorts Kubota Limited (EKL) has reported Revenue from continuing operations for quarter ended June 2026 at ₹ 3,178.9 crore up by 28.0% as against ₹ 2,483.4 crore in corresponding quarter and up by 7.7% as against ₹ 2,950.7 crore in sequential quarter. EBIDTA from continuing operations came at ₹ 355.4 crore up by 9.4% as against ₹ 325.0 crore in the corresponding quarter and down by 7.9% as against ₹ 386.0 crore in sequential quarter.

Profit before tax and exceptional items from continuing operations for the quarter ended June 2026 came at ₹ 493.8 crore up by 18.2% as against ₹ 417.9 crore in corresponding quarter and up by 13.8% as against ₹ 433.8 crore in sequential quarter. Net profit before exceptional items from continuing operations at ₹ 387.3 crore up by 26.0% as against ₹ 307.5 crore in corresponding quarter and up by 19.3% as against ₹ 324.8 crore in sequential quarter. Earnings per share (EPS) from continuing operations for the Quarter ended June 2026 is ₹ 35.20 up 3.9% as against ₹33.87 in corresponding quarter and up by 19.2% at ₹ 29.52 in sequential quarter.

Corresponding quarter of the previous year included a one-time gain from the divestment of the RED business, as well as an exceptional gain from the sale of land and building. Accordingly, Net Profit After Tax (PAT) including discontinued operations for Q1 FY27 is not directly comparable with Q1 FY26. Excluding the impact of divestment and exceptional items, the Company's performance underscores the strength of its core businesses, driven by sustained operational excellence and continued momentum.

On Consolidated basis, For the quarter ended June 2026, Revenue from Continuing operations came at ₹ 3,207.6 crore up 28.3%, as against ₹ 2,500.1 crore in corresponding quarter and up by 8.1% as against ₹ 2,968.2 crore in sequential quarter. Consolidated Net Profit After Tax before exceptional item from continuing operations for quarter ended June 2026 came at ₹ 385.9 crore up by 26.8% as against ₹ 304.4 crore in corresponding quarter and up by 20.4% as against ₹ 320.5 crore in the Sequential quarter. Earnings per share (EPS) for the quarter ended June 2026 is at ₹ 35.08 as against ₹ 33.59 in corresponding quarter and ₹ 29.13 in sequential quarter.

The corresponding quarter of the previous year included a one-time gain arising from the divestment of the RED business, as well as an exceptional gain from the sale of land and building. Consolidated Net Profit after tax including exceptional items and discontinued operations came at ₹ 385.9 crore as against ₹ 1,397.1 crore in corresponding quarter and as against ₹ 320.5 crore in sequential quarter.

Commenting on the results, management said: “We are pleased to deliver our best-ever Q1 performance, driven by strong business fundamentals, disciplined execution, and healthy treasury income. Despite commodity inflation pressures, our focused cost management and operational efficiencies helped sustain growth. We remain confident about the future, supported by a robust pipeline of new product launches, continued innovation, and our commitment to creating value for customers and stakeholders.”

SEGMENT WISE PERFORMANCE

Agri Machinery Products

For the quarter ended June 2026, Tractors volumes came at 36,862 units up by 20.5% as against 30,581 units in corresponding quarter and up by 14.3% as against 32,257 units in sequential quarter. In domestic tractor market volumes were up by 22.9% against 18.6% in Industry leading to some market share gain. Segment revenue came at ₹ 2,766.5 crore in quarter ended June 2026 up by 26.8% as against ₹ 2,181.5 crore in corresponding quarter and up by 15.5% as against ₹ 2,395.7 crore in sequential quarter. EBIT margin for the quarter ended June 2026 came at 10.8% as against 12.6% in corresponding quarter and 11.3% in sequential quarter.

Construction Equipment

For the quarter ended June 2026, Construction Equipment’s sales volume was at 1,344 units up by 27.4% as against 1,055 units in corresponding quarter and as against 1,877 units in sequential quarter. Segment revenue came at ₹ 419.6 crore in quarter ended June 2026 up by 39.2% as against ₹ 301.5 crore in corresponding quarter and as against ₹ 556.5 crore in sequential quarter. EBIT margin for the quarter ended June 2026 were at 5.4% as against 5.8% in corresponding quarter and 12.7% in sequential quarter.