Escorts Kubota, on Thursday, reported a 29.6 per cent year-on-year rise in standalone net profit from continuing operations to ₹324.8 crore for the quarter ended March 31, 2026, driven by strong tractor sales and margin expansion.
Revenue from continuing operations stood at ₹2,950.7 crore, up 21.4 per cent from ₹2,430.3 crore in the same quarter last year. EBITDA grew 31.8 per cent to ₹386.0 crore, with margins expanding 103 basis points to 13.1 per cent. Profit before tax, before exceptional items, came in at ₹433.8 crore, up 21.1 per cent.
Volume recovery
The tractor segment led the volume recovery, with sales rising 21.1 per cent to 32,257 units in Q4. For the full year, tractor volumes grew 15.7 per cent to 1,33,670 units, with segment revenue up 15.8 per cent to ₹9,779.6 crore and EBIT margins improving 190 basis points to 12.6 per cent. Construction equipment volumes rose 9.2 per cent to 1,877 units in Q4, though full-year volumes declined 10.6 per cent to 5,794 units. Construction equipment EBIT margins for Q4 improved sharply to 12.7 per cent ( 9.1 per cent).
For FY26, standalone revenue from continuing operations grew 12.6 per cent to ₹11,472.8 crore. Net profit from continuing operations rose 24.4 per cent to ₹1,380.9 crore, with earnings per share at ₹125.52.
A significant boost to the full-year numbers came from the divestment of the Railway business, which was completed during FY26. The transaction yielded ₹1,601.7 crore net of costs, pushing standalone net profit including discontinued operations to ₹2,408.6 crore, nearly double the previous year’s ₹1,250.9 crore.
The board recommended a final dividend of ₹33 per share. Combined with the special dividend of ₹18 per share already paid earlier in the year, the total payout for FY26 stands at ₹51 per share, an 82.1 per cent increase over the prior year.