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Escorts Kubota Ltd Q3FY24; 57% 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 Q3FY24 of ₹2,342.00 Crores up from ₹2,291.00 Crore year on year, a rise of 2.23%.

Total Expenses for Q3FY24 of ₹2,072.00 Crores down from ₹2,147.00 Crores year on year, a fall of 3.49%.

Consolidated Net Profit of ₹284.00 Crores up 56.91% from ₹181.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹25.70, up 87.59% from ₹13.70 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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