Escorts Kubota Secures ₹46.37 Crore GST Refund

has received a sanctioned GST refund of ₹46.37 crore from Haryana authorities against its ₹46.67 crore claim under the inverted duty structure, with a minor rejection of ₹29.78 lakh deemed ineligible. On the earnings front, the company delivered a robust Q1FY26 performance with net profit rising to ₹1,397 crore, up by ₹302 crore from last year, aided by an exceptional gain of ₹76 crore. Revenue came in at ₹2,500 crore, down 3% YoY from ₹2,574 crore, while EBITDA remained steady at ₹322 crore. Importantly, the EBITDA margin expanded by 50 basis points to 13%, reflecting operational efficiency despite softer topline growth. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.