Escorts Kubota Limited (EKL) announced its Unaudited Financial Results for Q3FY26, ending December 31, 2025. Standalone Net Profit, including discontinued operations, jumped 12.1% YoY to ₹362.4 Crore. This strong performance was significantly boosted by the finalization of the Railway business divestment. Tractor volumes rose 13.5% YoY to 36,955 units for the quarter.
Financial Highlights for Q3FY26 (Standalone)
Escorts Kubota Limited (EKL) reported strong financial results for the third quarter ended December 31, 2025. Standalone Revenue from continuing operations grew 11.1% Year-on-Year (YoY) to ₹3,261.4 Crore. EBIDTA surged 30.9% YoY to ₹438.7 Crore, pushing the EBIDTA Margin up by 203 bps to 13.5%.
Profit Before Tax (PBT) before exceptional items increased by 37.5% to ₹522.7 Crore. The Adjusted Net Profit after tax (adjusting for the new labour code impact) saw a significant increase of 38.3% YoY, reaching ₹401.6 Crore. Consequently, Earnings Per Share (EPS) for the quarter stood at ₹32.93, marking a 12.0% increase.
Impact of Discontinued Operations and Dividend Declaration
Standalone Net Profit after tax, including exceptional items and discontinued operations, was ₹362.4 Crore, up 12.1% YoY. This included the impact of the Railway business divestment, which was successfully concluded during the nine-month period.
In recognition of the divestment completion, the Board of Directors has declared a one-time special dividend of ₹18.0 per equity share of face value ₹10.
Nine Months Ended December 2025 Performance (Standalone)
For the nine months ended December 2025, Standalone Revenue from continuing operations reached ₹8,522.1 Crore (up 9.9% YoY). EBIDTA grew 27.3% to ₹1,127.0 Crore. PBT before exceptional items was ₹1,371.7 Crore, reflecting a 36.0% increase.
Standalone Net Profit after tax, including discontinued operations (which accounts for the ₹1,601.7 Crore net income from the Railway divestment), stood at ₹2,083.8 Crore, substantially higher than the ₹953.4 Crore reported in the corresponding period last year. The EPS for the 9M period was ₹189.41.
Segment Performance Analysis
Agri Machinery Products
Tractor volumes for Q3FY26 grew 13.5% to 36,955 units. Segment Revenue increased 14.6% YoY to ₹2,769.6 Crore. EBIT margin showed strong improvement, rising by 310 basis points to 13.5% for the quarter.
For the nine months, Tractor volumes were up 14.0% to 1,01,413 units, and the EBIT margin for this period improved to 13.0%, up from 10.5% in the previous corresponding period.
Construction Equipment
Construction Equipment sales volume decreased in the quarter to 1,716 units (down 13.7% YoY). Segment Revenue was ₹489.9 Crore. The EBIT margin for the quarter moderated to 6.6%, compared to 11.0% YoY.
For the 9M period, Construction Equipment volumes were down 17.8% to 3,917 units, and the EBIT margin for this period stood at 5.5%.
Consolidated Performance Snapshot
On a consolidated basis for Q3FY26, Revenue from Continuing Operations increased 11.3% YoY to ₹3,280.5 Crore. Adjusted Consolidated Net Profit After Tax from continuing operations grew 38.1% to ₹397.6 Crore.
Consolidated Net Profit after tax, including exceptional items and discontinued operations, was ₹358.3 Crore (up 11.8% YoY). Consolidated EPS for the quarter was ₹32.57.
For the nine months ended December 2025, Consolidated Net Profit after tax, including discontinued operations, stood at ₹2,073.5 Crore, yielding an EPS of ₹188.48.
Source: BSE
