Latest news with #EscortsKubota
&w=3840&q=100)
Business Standard
2 days ago
- Automotive
- Business Standard
Tractors carve fresh growth furrows across FY26 auto sector landscape
Farm wheels spin past autos powered by strong monsoon, rising MSPs, and M&M's market grip Listen to This Article Tractors have been the best-performing segment in the automotive (auto) space in recent months and are expected to outpace the broader auto sector in 2025–26 (FY26). While volumes in 2024–25 (FY25) slipped slightly year-on-year (Y-o-Y) to 883,000 units, the sector is likely to clock high single-digit growth this financial year. Most other auto segments are projected to end FY26 with marginal gains — or even a decline — compared to FY25. Among listed stocks, Mahindra & Mahindra (M&M) has outperformed the Nifty Auto index, while Escorts Kubota and VST Tillers Tractors have struggled to keep pace with their peers. Given
Business Upturn
6 days ago
- Automotive
- Business Upturn
Escorts Kubota shares rise nearly 2% after launch of BLX 75 backhoe loader under E-Kubota brand
By Aditya Bhagchandani Published on June 5, 2025, 09:23 IST Shares of Escorts Kubota Limited rose 1.96% to ₹3,313 in early trade on June 5 following the company's announcement of the commercial launch of its new construction equipment product, the BLX 75 backhoe loader. The stock opened higher than its previous close of ₹3,249.20, and touched a day high of ₹3,298. The company's market capitalization stood at ₹361.37 billion. The BLX 75, introduced under the E-Kubota branding, is designed exclusively for domestic earthmoving applications. Escorts Kubota confirmed that the product is not currently intended for international markets. This development aligns with the company's strategy to expand its domestic portfolio in the construction equipment sector. The BLX 75 is expected to improve efficiency in a wide range of applications, adding to the company's diverse product lineup that already includes backhoe loaders, cranes, and compactors. Escorts Kubota, based in Faridabad, operates across key sectors such as agriculture, construction, and railways. The company underwent a rebranding in 2022 after increased investment from Japan's Kubota Corporation. It also runs R&D operations through its Knowledge Management Centre to drive innovation in agricultural and infrastructure solutions. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Standard
02-06-2025
- Automotive
- Business Standard
Escorts Kubota May'25 sales rises to 10,354 units
The tractor manufacturer announced that its agri-machinery business division recorded a marginal 0.7% year-on-year increase in sales to 10,354 units in May 2025, compared to 10,286 units sold in May 2024. While domestic sales also declined 2% to 9,703 units in May 2025 compared with 9,906 units sold in May 2024. The companys exports jumped 71.3% to 651 units in May 2025 as against 380 units posted in May 2024. Further, the companys construction equipment business division sold 321 machines in May 2025, registering a decline of 29.9% from 458 machines sold in May 2024. Escorts Kubota is primarily engaged in the business of manufacturing agricultural tractors, engines for agricultural tractors, construction, earthmoving, and material handling equipment; round and flat tubes; heating elements; and double-acting hydraulics. The companys consolidated net profit increased 14.5% to Rs 284.38 crore on a 6.1% jump in net sales to Rs 2,430.30 crore in Q4 FY25 over Q4 FY24. Shares of Escorts Kubota rose 1.76% to Rs 3,379 on the BSE.
Time of India
08-05-2025
- Automotive
- Time of India
Escorts Kubota plans new greenfield plant in UP
CHENNAI: Tractor and implements major is looking to add 100,000 units of fresh over the next three to four years. The company is in talks with the Uttar Pradesh govt for a green field site, said senior officials. Tired of too many ads? go ad free now Bharat Madan, CFO, Escorts Kubota, said: 'We are looking at UP as a greenfield investment option and we are in advanced talks about this. If that proposal goes through, we will be spending Rs 450 crore to Rs 500 crore in FY26 on land acquisition.' The new factory, when functional, will add an additional 100,000 units of capacity for the company. 'Currently our installed capacity is 170,00 tractors of which we are selling about 120,000 units now,' said Madan. 'By the time the new capacity comes on stream, we will use up the installed capacity.' Apart from the , the company has also lined up capex worth Rs 400 crore in FY26. Escorts saw a 16% increase in standalone net profit for FY25 at Rs 1251 crore up from Rs 1081.6 crore the year before. Revenue from operations at Rs 10,187 crore was up nearly 5% from Rs 9,731 crore the year before. For Q4 net profit was Rs 251 crore up from Rs 248.5 crore in the year ago period. Revenue was up 6% at Rs 2430 crore up from nearly Rs 2,290 crore last Q4. The company is also ramping up its exports targeting a 25% jump in volumes in FY26. To that end, it is targeting new markets in Africa like Kenya, Tanzania and Madagascar as well as Asian markets like Turkey. Currently the company exports to European markets like Belgium, UK, the Netherlands and several east European markets apart from Asian markets like Sri Lanka, Bangladesh, Nepal, Myanmar, Cambodia and Thailand. Tired of too many ads? go ad free now 'We don't have exposure to US markets right now, but we have plans in future,' said Madan. The tractor industry, he added, is looking at a positive outlook for FY26 when it should cross a million units. 'If the monsoon is average with raw material prices soft and interest rates down (enabling improved financing opportunities) it will be good for the market,' he added.
Business Standard
08-05-2025
- Business
- Business Standard
Escorts Kubota consolidated net profit rises 17.94% in the March 2025 quarter
Sales rise 6.27% to Rs 2444.88 crore Net profit of Escorts Kubota rose 17.94% to Rs 318.42 crore in the quarter ended March 2025 as against Rs 269.99 crore during the previous quarter ended March 2024. Sales rose 6.27% to Rs 2444.88 crore in the quarter ended March 2025 as against Rs 2300.66 crore during the previous quarter ended March 2024. For the full year,net profit rose 17.49% to Rs 1264.94 crore in the year ended March 2025 as against Rs 1076.65 crore during the previous year ended March 2024. Sales rose 4.49% to Rs 10243.88 crore in the year ended March 2025 as against Rs 9803.59 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 2444.882300.66 6 10243.889803.59 4 OPM % 11.7512.41 - 11.3611.53 - PBDT 414.58379.95 9 1596.331480.49 8 PBT 352.61320.71 10 1352.681256.43 8 NP 318.42269.99 18 1264.941076.65 17
