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Escorts Kubota Ltd Q1FY24; 106% rise in Profits

Escorts Ltd. is one of India’s leading engineering conglomerates engaged in the manufacturing of Agri-machinery, Construction & Material Handling Equipment and Railway Equipment.

Financial Results:

  • Escorts Kubota Ltd reported Revenues for Q1FY24 of ₹2,355.00 Crores up from ₹2,032.00 Crore year on year, a rise of 15.9%.
  • Total Expenses for Q1FY24 of ₹2,067.00 Crores up from ₹1,876.00 Crores year on year, a rise of 10.18%.
  • Consolidated Net Profit of ₹290.00 Crores up 105.67% from ₹141.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹21.97, up 106.10% from ₹10.66 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Engineering
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