Escorts Kubota reports strong Q2, H1 FY26 financial performance

Escorts Kubota Limited (EKL) reported strong standalone financial results for Q2 FY26. Revenue from continuing operations increased by 22.6% year-on-year to ₹2,777.4 Crore. EBIDTA surged 56.0% to ₹363.2 Crore, achieving a margin of 13.1%. Profit Before Tax (PBT) excluding exceptional items grew 55.2% to ₹431.1 Crore, and Net Profit increased 6.1% to ₹321.2 Crore. Tractor volumes rose 30.3% to 33,877 units.

For the first half of FY26, standalone revenue from continuing operations increased 9.1% to ₹5,260.8 Crore, with EBIDTA up 25.2% to ₹688.2 Crore. Reported Net Profit (including discontinued operations) for H1 FY26 was ₹1,721.4 Crore, a 173.2% increase year-on-year. The company confirmed no deviation in the use of proceeds from its preferential issues.

Strategic highlights include the successful conclusion of the railway business divestment in H1 FY26, which contributed an income of ₹1,601.7 Crore under discontinued operations. The National Company Law Tribunal approved the scheme of amalgamation of Escorts Kubota India Private Limited and Kubota Agricultural Machinery India Private Limited on August 29, 2024, with reported numbers restated to reflect this change from April 1, 2023.