Escorts Kubota consolidated net profit rises 16.36% in the March 2024 quarter

Sales decline 5.46% to Rs 2093.53 crore

Net profit of Escorts Kubota rose 16.36% to Rs 251.90 crore in the quarter ended March 2024 as against Rs 216.49 crore during the previous quarter ended March 2023. Sales declined 5.46% to Rs 2093.53 crore in the quarter ended March 2024 as against Rs 2214.48 crore during the previous quarter ended March 2023.

For the full year,net profit rose 64.75% to Rs 1049.11 crore in the year ended March 2024 as against Rs 636.78 crore during the previous year ended March 2023. Sales rose 4.99% to Rs 8849.62 crore in the year ended March 2024 as against Rs 8428.69 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales2093.532214.48 -5 8849.628428.69 5 OPM %12.4510.53 -13.189.14 - PBDT376.83315.99 19 1568.021037.70 51 PBT332.67277.62 20 1401.12887.64 58 NP251.90216.49 16 1049.11636.78 65

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