Tractor and agricultural machinery maker Escorts Kubota on Monday reported a 4.4% year-on-year (YoY) increase in net profit from continuing operations at Rs 385.94 crore for the quarter ended June 30, 2027.The company had posted a net profit of Rs 369.47 crore in the corresponding period of the last fiscal year.Also Read: Ather Energy Q1 Results: Loss narrows YoY to Rs 51 crore on stronger salesRevenue from operations grew 28% to Rs 3,207.55 crore in the period under consideration. Total expenses rose to Rs 2,923.25 crore in Q1 FY27 from Rs 2,242.22 crore in Q1 FY26, driven primarily by higher raw material costs.Consolidated revenue from agri machinery products expanded 27% to Rs 2,790.90 crore in Q1 FY27 from Rs 2,197.89 crore in the year-ago period. The construction equipment arm recorded a 39% surge in revenue to Rs 419.63 crore in the same period.Also Read: Rub-off effect? Godfrey Phillips shares jump 6% after rival cigarette maker ITC's Q1 earnings“Despite commodity inflation pressures, our focused cost management and operational efficiencies helped sustain growth. We remain confident about the future, supported by a robust pipeline of new product launches, continued innovation, and our commitment to creating value for customers and stakeholders,” the company said in a statement.
Escorts Kubota Q1 FY27 results: Net profit rises 4.4% to Rs 386 crore, revenue jumps 28%
In the June quarter, Escorts Kubota reported a notable 4.4 percent growth in net profit. The company enjoyed a significant 28 percent increase in operational revenue, amounting to Rs 3,207.55 crore. Revenue from agri machinery rose by 27 percent while construction equipment sales jumped 39 percent. While elevated raw material costs pushed expenses higher, effective cost management strategies enabled continued growth for the firm.
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