Escorts Kubota Limited is a joint venture between Escorts Limited, an Indian engineering company, and Kubota Corporation, a Japanese conglomerate. The company was incorporated in 2008 and is headquartered in Faridabad, India. The company is engaged in the manufacturing and marketing of high-quality tractors, engines, and construction equipment. The company operates through two segments: Agriculture Machinery and Engines. The Agriculture Machinery segment is involved in the production and sale of tractors and implements, while the Engines segment produces diesel engines and generators.
- Escorts Kubota Limited reported Total Income for Q4 FY23 of ₹2,290.16 Crore up from ₹1,941.48 Crore year on year, a growth of 18%.
- Total Expenses for Q4 FY23 of ₹2,023.32 Crore up from ₹1,675.57 Crore year on year, a growth of 20.7%.
- Consolidated Net Profit of ₹216.46 Crore, up 14% from ₹189.98 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹19.96, from ₹18.51 in the same quarter of the previous year.