Key Financial Figures - Standalone Continuing Operations

Revenue Performance:

  • Q1 FY27 Revenue: ₹3,178.9 crore
  • Year-on-Year (YoY) growth: 28.0% (vs ₹2,483.4 crore in Q1 FY26)
  • Sequential growth: 7.7% (vs ₹2,950.7 crore in Q4 FY26)

Profitability Metrics:

  • EBIDTA: ₹355.4 crore, up 9.4% YoY (vs ₹325.0 crore) and down 7.9% sequentially (vs ₹386.0 crore)
  • Profit Before Tax (before exceptional items): ₹493.8 crore, up 18.2% YoY (vs ₹417.9 crore) and up 13.8% sequentially (vs ₹433.8 crore)
  • Net Profit (before exceptional items): ₹387.3 crore, up 26.0% YoY (vs ₹307.5 crore) and up 19.3% sequentially (vs ₹324.8 crore)
  • Earnings Per Share (EPS): ₹35.20, up 3.9% YoY (vs ₹33.87) and up 19.2% sequentially (vs ₹29.52)

Key Financial Figures - Consolidated Continuing Operations

Revenue Performance:

  • Q1 FY27 Revenue: ₹3,207.6 crore
  • Year-on-Year growth: 28.3% (vs ₹2,500.1 crore)
  • Sequential growth: 8.1% (vs ₹2,968.2 crore)

Profitability Metrics:

  • Net Profit After Tax (before exceptional items): ₹385.9 crore, up 26.8% YoY (vs ₹304.4 crore) and up 20.4% sequentially (vs ₹320.5 crore)
  • Earnings Per Share (EPS): ₹35.08 (vs ₹33.59 YoY and ₹29.13 sequentially)

Segment-Wise Performance

Agri Machinery Products (Tractors):

  • Volume: 36,862 units, up 20.5% YoY (vs 30,581 units) and up 14.3% sequentially (vs 32,257 units)
  • Domestic market volume growth: 22.9% vs industry growth of 18.6%, resulting in market share gains
  • Segment revenue: ₹2,766.5 crore, up 26.8% YoY (vs ₹2,181.5 crore) and up 15.5% sequentially (vs ₹2,395.7 crore)
  • EBIT margin: 10.8% (vs 12.6% YoY and 11.3% sequentially)

Construction Equipment:

  • Volume: 1,344 units, up 27.4% YoY (vs 1,055 units) but down sequentially (vs 1,877 units)
  • Segment revenue: ₹419.6 crore, up 39.2% YoY (vs ₹301.5 crore) but down sequentially (vs ₹556.5 crore)
  • EBIT margin: 5.4% (vs 5.8% YoY and 12.7% sequentially)

Comparative Context Note

The company noted that Q1 FY26 included a one-time gain from divestment of the RED business and an exceptional gain from sale of land and building. Therefore, Net Profit After Tax including discontinued operations for Q1 FY27 (₹385.9 crore) is not directly comparable with Q1 FY26 (₹1,397.1 crore).

Management Commentary

Management stated: "We are pleased to deliver our best-ever Q1 performance, driven by strong business fundamentals, disciplined execution, and healthy treasury income. Despite commodity inflation pressures, our focused cost management and operational efficiencies helped sustain growth. We remain confident about the future, supported by a robust pipeline of new product launches, continued innovation, and our commitment to creating value for customers and stakeholders."

Approval and Contact Information

The reviewed financial results were approved by the Board of Escorts Kubota Limited. For further information, contact Bharat Madan, Whole Time Director & Chief Financial Officer.