Escorts Kubota Limited (EKL) announced its Q2 FY26 results, showcasing strong growth. Tractor volumes increased by 30.3% to 33,877 units. Revenue from operations rose to ₹2,777.4 Crore, with EBIDTA reaching ₹363.2 Crore. The company reported a profit after tax of ₹321.2 Crore. The earnings presentation highlights a positive outlook driven by operating leverage in the Agri Machinery segment.
Q2 FY26 Financial Performance
Escorts Kubota Limited reported a robust financial performance for Q2 FY26, driven primarily by strong growth in its tractor business. Key highlights include:
- Revenue from Operations: Increased to ₹2,777.4 Crore
- EBIDTA: Reached ₹363.2 Crore
- Profit After Tax: Reported at ₹321.2 Crore
Tractor Sales Volume
The company experienced substantial growth in tractor sales volume during Q2 FY26:
- Total Tractor Volume: Increased by 30.3% year-over-year, reaching 33,877 units
- Domestic Tractor Volume: Increased by 30.5%
- Export Tractor Volume: Increased significantly by 26.2%
Segment-Wise Performance
The company’s revenue stream consists of Agri Machinery Products and Construction Equipments.
For Q2 FY26:
- Agri Machinery Products: Contributed 88% to the total operating revenue.
- Construction Equipments: Contributed 12% to the total operating revenue.
H1 FY26 Standalone Performance
The company demonstrated solid results for the first half of fiscal year 2026:
- Revenue from Operations: ₹5,260.8 Crore, an increase of 9.1%
- EBIDTA: ₹688.2 Crore, up by 25.2%
- Normalised PAT*: ₹628.7 Crore, a surge of 31.6%
*Normalised PAT excludes impacts from long term capital gains tax and sale of land.
Construction Equipment Business
The construction equipment business experienced a sales volume of 1,146 in Q2 FY26. The capacity utilization was at approximately ~35%.
Source: BSE