Earnings Summary Of Escorts Kubota Limited For Q3 FY23

Escorts Kubota Limited (NSE: ESCORTS) is a leading Indian engineering company that operates in the areas of agri-machinery, construction equipment, and railway equipment. The company has a strong presence in India and also exports its products to several countries around the world. In terms of earnings, Revenue from Operations for Q3 FY23 was ₹2,291.35 crore, a 15% increase from ₹1,996.29 crore in the same period last year. Due to high input costs, overall spending increased by 22% to ₹2,141 crore. The EBITDA margin (earnings before interest, taxes, depreciation, and amortization decreased to 8.4% from 14.1% in the prior year. The EBITDA margin (earnings before interest, taxes, depreciation, and amortization) decreased to 8.4% from 14.1% in the prior year. For the third quarter that ended on December 31, 2022, the company reported a 7% decline in net profit at ₹180.8 crore rupees. The EPS was ₹16.68 for this quarter.