India s Escorts Kubota is considering selling its railway equipment business as it plans to focus on its core tractor business, CNBC-TV18 reported on Tuesday, citing sources with knowledge of the.
Indian tractor maker Escorts Kubota Ltd reported a fall in its fourth-quarter profit on Wednesday, hurt by increased commodity prices, and unseasonal rains in March.. | May 10, 2023
Escorts Kubota Q4 results: Tractor volumes stood at 24,765 units, up 13.1 per cent YoY, with the segment revenue rising 13.6 per cent to Rs 1,557.50 crore. EBIT margin for the segment came in at 9.9 per cent against 15.4 per cent YoY.
The company has recently announced its mid-term business plan and all its strategic efforts are directed in achieving the targeted growth, , Q3 Standalone Profit Sequentially, Escorts Kubota
The company had posted a consolidated net profit of Rs 265.41 crore in the same quarter of the previous fiscal, Escorts said in a regulatory filing, , escorts