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Farm equipment maker Escorts Kubota Limited on Thursday reported a marginal rise in its consolidated net profit for the quarter ended March 2026.

The company reported a 29.6 per cent year-on-year (YoY) rise in standalone net profit from continuing operations for the quarter ended March 2026, supported by growth in tractor and construction equipment sales.

The company posted a standalone net profit from continuing operations of Rs 324.8 crore in the January-March quarter of FY26 compared with Rs 250.7 crore in the corresponding quarter last year.

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Revenue from continuing operations rose 21.4 per cent YoY to Rs 2,950.7 crore during the quarter against Rs 2,430.3 crore in the year-ago period.

EBIDTA during the quarter increased 31.8 per cent to Rs 386 crore from Rs 292.9 crore a year ago. EBIDTA margin improved by 103 basis points to 13.1 per cent.

Profit before tax and exceptional items stood at Rs 433.8 crore in the fourth quarter, up 31 per cent from Rs 331.3 crore in the corresponding quarter of the previous financial year.

Escorts Kubota Dividend 2026

The board recommended a final dividend of Rs 33 per equity share, or 330 per cent, for FY26. Including the special dividend of Rs 18 per share already paid, the total dividend payout for the year stood at Rs 51 per share on a face value of Rs 10 each.

The company said the total payout was 82.1 per cent higher than the previous financial year.

Tractor and Construction Equipment Volumes Increase

Tractor sales volume rose 21.1 per cent YoY to 32,257 units during the quarter compared with 26,633 units in the year-ago period.

Construction equipment sales volume increased 9.2 per cent to 1,877 units against 1,719 units in the corresponding quarter last year.

In the agri machinery segment, tractor volumes for FY26 rose 15.7 per cent to 1,33,670 units from 1,15,554 units in the previous year. Segment revenue increased 15.8 per cent to Rs 9,779.6 crore, while EBIT margin improved to 12.6 per cent from 10.7 per cent.

In the construction equipment segment, yearly sales volume declined 10.6 per cent to 5,794 units from 6,484 units in FY25. Segment revenue fell to Rs 1,685.9 crore from Rs 1,730.1 crore in the previous year. EBIT margin for the segment stood at 7.9 per cent compared with 9.9 per cent a year ago.

Escorts Kubota FY26 Performance

For the full financial year 2025-26, revenue from continuing operations increased 12.6 per cent to Rs 11,472.8 crore compared with Rs 10,187 crore in FY25.

EBIDTA for the year rose 28.5 per cent to Rs 1,513 crore from Rs 1,177.8 crore in the previous financial year.

Profit before tax from continuing operations, excluding exceptional items, grew 32.1 per cent to Rs 1,805.5 crore against Rs 1,366.6 crore a year ago.

Net profit after tax from continuing operations for FY26 stood at Rs 1,380.9 crore, up 24.4 per cent from Rs 1,110 crore in FY25.

Earnings per share (EPS) from continuing operations for the year rose 24.3 per cent to Rs 125.52 compared with Rs 100.96 in the previous financial year.

Railway Business Divestment Boosts Annual Profit

The company said the divestment of its railway business was completed during the financial year in line with the Business Transfer Agreement. Income of Rs 1,601.7 crore, net of transaction cost, from the divestment was accounted for under discontinued operations.

Standalone net profit after tax, including exceptional items and discontinued operations, rose 92.5 per cent to Rs 2,408.6 crore during FY26 compared with Rs 1,250.9 crore in the previous financial year.

On a consolidated basis, revenue from continuing operations for the March quarter rose 21.4 per cent to Rs 2,968.2 crore against Rs 2,444.9 crore in the corresponding quarter last year.

Consolidated net profit after tax from continuing operations increased 18 per cent YoY to Rs 320.5 crore in the quarter compared with Rs 271.6 crore a year ago.

Consolidated earnings per share for the quarter stood at Rs 29.13 against Rs 28.96 in the year-ago period. For FY26, consolidated revenue from continuing operations increased 12.7 per cent to Rs 11,540.3 crore compared with Rs 10,243.9 crore in the previous financial year.

Consolidated net profit after tax from continuing operations rose 21.6 per cent to Rs 1,366.4 crore against Rs 1,124.1 crore in FY25.