Conference Call with Escorts Kubota Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Commercial Vehicles company Escorts Kubota announced Q3FY25 results Financial Highlights: Tractor volumes up 4.5% at 32,556 units. Construction Equipment volumes at 1,989 units. Standalone Highlights from continuing operations EBIDTA up by 3.6% at Rs 335.3 crore. Net Profit up by 7.7% at Rs 290.5 crore. RED business Profitability is shown separately as discontinued operations. Board declared interim Dividend of Rs 10.00 per share. Business Highlights: Agri Machinery Products Segment revenue came at Rs 2,416.6 crore in quarter ended December 2024 up by 9.4% as against 2,208.9 crore in corresponding quarter and up by 28.3% as against Rs 1,884.2 crore in sequential quarter. EBIT margin for the quarter ended December 2024 came at 10.4% as against 12.1 % in corresponding quarter and 9.1 % in sequential quarter. Construction Equipment Segment revenue came at Rs 515.7 crore in quarter ended September 2024 up by 4.1 % as against Rs 495.4 crore in corresponding quarter and up by 35.7% as against Rs 379.9 crore in sequential quarter. EBIT margin for the quarter ended December 2024 were at 11.0% as against 8.1 % in corresponding quarter and 9.3% in sequential quarter. Railway Equipments Railway Equipments Segment revenue came at Rs 200.4 crore down by 2.2% as against Rs 205.0 crore in corresponding quarter and down by 5.1 % as against Rs 211.2 crore in sequential quarter. PAT for the quarter ended December 2024 came at Rs 32.7 crore as against Rs 28.1 crore in corresponding quarter and Rs 24.1 crore in sequential quarter. Result PDF