Escorts Kubota Reports 15.7% Growth in FY25 Standalone Profit to ₹1,250.9 Crore
Company sees marginal increase in tractor volumes amid growth in standalone operations.
Escorts Kubota Limited (EKL) announced a 15.7% increase in standalone net profit to ₹1,250.9 crore for the fiscal year ended March 2025, according to a press release issued today in Faridabad. The company's revenue from continuing operations rose 4.7% to ₹10,187.0 crore, compared with ₹9,730.7 crore in the previous year.
The agricultural and construction equipment manufacturer reported tractor volumes of 115,554 units, representing a 1.0% increase over the previous year's 114,396 units. Construction equipment volumes declined to 6,484 units from 7,141 units in the prior fiscal year.
EKL's standalone profit before tax (PBT), excluding exceptional items, grew 8.3% to ₹1,366.6 crore from continuing operations. Earnings per share (EPS) rose 19.0% to ₹113.77, up from ₹95.59 in the previous fiscal year.
The railway equipment division, now reported as discontinued operations following board approval in October 2024 for its sale as a going concern, generated revenue of ₹912.8 crore during FY25, down from ₹950.4 crore in the previous year. However, profit before tax for this segment increased 5.6% to ₹188.7 crore.
For the quarter ended March 2025, EKL's standalone revenue from continuing operations increased 6.1% year-over-year to ₹2,430.3 crore, although it declined sequentially from ₹2,935.4 crore in the previous quarter. Net profit after tax including discontinued operations for the quarter rose 8.2% year-over-year to ₹297.5 crore.
In the agri machinery segment, which represents the company's largest business, fourth-quarter tractor volumes increased 7.6% year-over-year to 26,633 units, with an EBIT margin of 11.4%. The construction equipment segment reported a 9.1% EBIT margin for the quarter, with volumes declining to 1,719 units.
On a consolidated basis, EKL's revenue from continuing operations increased 4.5% to ₹10,243.9 crore for FY25, while consolidated net profit including discontinued operations rose 17.5% to ₹1,265.0 crore.
The board has recommended a final dividend of ₹18.0 per share. Combined with the interim dividend of ₹10.0 per share already paid, the total dividend for FY25 amounts to ₹28.0 per share, representing a 56% increase compared to the previous year.
The financial statements reflect the amalgamation of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited with Escorts Kubota Limited, following approval from the National Company Law Tribunal, Chandigarh Bench.
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