ESCORTS

Q3 Result

Escorts Kubota reported an 8% YoY rise in Q3 net profit to ₹290 crore, supported by higher sales. Revenue increased to ₹2,402 crore, while EBITDA margin stood at 10.3%, slightly lower than last year. The company announced a ₹10 per share dividend. Despite growth in construction and railway equipment, tractor sales saw a 6.7% decline due to weak rural demand. The management remains optimistic about long-term prospects, focusing on product innovation and market expansion. 📢 Follow Bull and Bear School & Finance Lens for more insights! 📢