Escorts Kubota reported a standalone net profit from continuing operations of ₹324.8 crore for the quarter ending March 31, 2026, marking a 29.6% year-on-year increase, attributed to robust tractor sales and margin improvements. Revenue from continuing operations reached ₹2,950.7 crore, reflecting a 21.4% rise from ₹2,430.3 crore during the same quarter last year. EBITDA surged by 31.8% to ₹386.0 crore, with margins expanding by 103 basis points to 13.1%. Profit before tax, excluding exceptional items, increased 21.1% to ₹433.8 crore.
The tractor segment was pivotal in driving volume recovery, with sales growing 21.1% to 32,257 units in Q4. For the full fiscal year, tractor volumes rose 15.7% to 1,33,670 units, and segment revenue increased by 15.8% to ₹9,779.6 crore, with EBIT margins improving by 190 basis points to 12.6%. However, construction equipment volumes saw a Q4 increase of 9.2% to 1,877 units, although full-year volumes decreased by 10.6% to 5,794 units, with EBIT margins for Q4 enhancing sharply to 12.7%, up from 9.1%.
For FY26, the standalone revenue from continuing operations grew by 12.6% to ₹11,472.8 crore, while net profit from continuing operations rose 24.4% to ₹1,380.9 crore, translating to earnings per share of ₹125.52. A substantial contributor to the full-year results was the divestment of the Railway business, completed during FY26, which generated ₹1,601.7 crore net of costs. This transaction propelled the standalone net profit, including discontinued operations, to ₹2,408.6 crore, nearly doubling the previous year’s total of ₹1,250.9 crore.
The board has proposed a final dividend of ₹33 per share. Together with the special dividend of ₹18 per share distributed earlier in the year, the total dividend payout for FY26 amounts to ₹51 per share, signifying an 82.1% increase over the previous year.
Published on May 7, 2026.
