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Escorts Kubota Ltd Q2FY24; 125% 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 Q2FY24 of ₹2,059.00 Crores up from ₹1,891.00 Crore year on year, a rise of 8.88%.

Total Expenses for Q2FY24 of ₹1,851.00 Crores up from ₹1,786.00 Crores year on year, a rise of 3.64%.

Consolidated Net Profit of ₹223.00 Crores up 125.25% from ₹99.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹16.93, up 126.03% from ₹7.49 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.

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