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Escorts Kubota contemplates sale of railway equipment division

During 1Q, Escorts Kubota navigated a decline in tractor sales

Escorts Kubota's Q3 standalone profit doubled to Rs 186.4 cr

Revenue from operations was at Rs 2,263.7 crore in quarter ended December 2022 as against Rs 1,971.5 crore in corresponding quarter of the previous fiscal.

Escorts Kubota Q2 standalone net profit at Rs 87.7 cr

Q2 standalone profit before exceptional items and tax at Rs 191.5 cr.

Escorts Kubota Q1 profit at Rs 147.5 cr

Escorts Kubota reported a net profit of Rs 147.5 crore in the quarter ended June 30, 2022, as against a profit of Rs 185.2 crore in the corresponding quarter of the previous fiscal.

Escorts Kubota Q1 profit at Rs 147.5 cr

Construction equipment volumes up by 59.4% at 966 units

Escorts is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanisation and spreading farming prosperity.

Escorts Limited is now Escorts Kubota

Escorts and Kubota Corporation, Japan have decided to strengthen their partnership aligned to their vision of global leadership in farm mechanization and spreading farming prosperity.

Escorts Q3 standalone profit up 14 per cent

Escorts reported standalone quarterly profit of Rs 201.5 crore in quarter ended December 2021 up by 14 per cent as against a profit of Rs 176.7 crore in sequential quarter and down by 28.2 per cent as against a profit of Rs 280.7 crore in the corresponding quarter.

Kubota increases its stake in Escorts

Escorts and Kubota, a global leader in tractor and machinery, have decided to strengthen their partnership in pursuit of their vision of global leadership in Agri Machinery.

Kubota increases its stake in Escorts

This partnership with Kubota will enable Escorts to have access to global best practices and state of the art research & development facilities.

Japan's Kubota may raise stake in Escorts

Japanese agriculture and heavy equipment firm Kubota Corp is in talks with the Nanda family - promoters of India's Escorts to increase its stake and eventually become a controlling shareholder in the tractor maker and engineering construction company, said people aware of the matter.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021. The firm posted a 101 per cent increase in standalone net profit at Rs 185.2 crore against Rs 92.2 crore in the previous year.

Escorts Q1 results FY22: Net profit at 185.2 cr

Tractor manufacturing major Escorts recorded a two-fold jump in net profit during the quarter ended June 2021.

Escorts' standalone profit up by 80.0% to Rs 874.1 cr

Escorts reported standalone profit of Rs 874.1 crore for the year ended March 31, 2021, up by 80.0%, as against a profit of Rs 485.5 crore in the previous year.

Kubota to invest in Escorts, to deepen partnership

Kubota Corporation, a leading global tractor and machinery manufacturer from Japan, will acquire 10 per cent equity stake in Escorts, a leading engineering conglomerate in India, in order to integrate and deepen their relationship towards achieving their mutual ambition of global leadership.

Escorts Q2 profit up

Escorts reported a standalone profit of Rs 1.046 billion in quarter ended September 30, 2019, up by 1.8 per cent as against a profit of Rs 1.027 billion in the corresponding period last year.

Escorts standalone profit up by 40.7%

Tractor sales at 96,412 units were up by 19.9 per cent as against 80,417 units in the previous fiscal.

Escorts posts 52.3 per cent net profit growth in Q3

Escorts reported a profit of Rs 1.401 billion in the quarter ending December 31, 2018, up by 52.3 per cent as against a profit of Rs 0.92 billion in the corresponding period last fiscal.

Escorts announces new ventures

In late August, Escorts announced plans to manufacture rough terrain (RT) and truck-mounted cranes in joint venture (JV) with Tadano Ltd.

Escorts launches Autonomous Farming Solutions

At its annual innovation platform, Esclusive 2018, Escorts Limited announced its Automated Farming Solutions with the launch of India?s first Automated Concept Tractor that brings the power of next generation digital vehicle technologies aimed at precision-based farming

Escorts-Tadano JV to manufacture RT cranes in India

Escorts Ltd, India?s leading engineering conglomerate, and Tadano Group, Japan?s biggest and world?s leading mobile crane manufacturer, announced their joint venture (JV) to manufacture rough terrain (RT) cranes and truck-mounted cranes.

Escorts appoints Nikhil Nanda as new CMD

The Board of Directors of Escorts Limited appointed Nikhil Nanda as the Chairman and Managing Director (CMD) of the company.

New Tractor Series from Escorts

Escorts launched India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

New Escorts Tractor Series

India's first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 global distributors.

Escorts unveils India?s first electric tractor concept

Escorts Ltd launched India?s first electric and hydrostatic concept tractor and an expanded global portfolio of tractors for the export and domestic market in 22 HP to 90 HP range under the brands Farmtrac and Powertrac, compliant with tier 4 emission norms of Europe and America amidst 43 international distributors.

Escorts Q1 net profit up 33.4 per cent

Escorts reported an increase in net profit by 33.4 per cent at Rs 62.6 crore in the quarter ending June 2017 against Rs 47 crore in quarter ended June 2016 and up by 5.3 per cent as against the sequential quarter.

Escorts posts over 91 per cent profit growth

Escorts reported a profit of Rs 160.4 crore in the year ended March 2017, up by 91.6 per cent as against a profit of Rs 83.2 crore in the previous fiscal. During the period, tractor sales were up by 24 per cent at 63,786 tractors as against 51,455 tractors in the previous fiscal. Construction equipment volume went up by 29.6 per cent at 3,315 units as against 2,555 units in the previous fiscal.

Escorts profits grow

Escorts Ltd reported a profit of Rs 22.7 crore in the quarter ending December 31, 2016, up by 11.2 per cent as against a profit of Rs 20.4 crore in the corresponding quarter in the previous fiscal. The profit reported is after one time loss from discontinued operations in respect of its Auto Products business of Rs 30.8 crore. The net profit for the nine months ending December 2016 was up by 54.4 percent at Rs 101 crore as against Rs 65.4 crore in the corresponding period last year.

Escorts appoints new CEO,CE Business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

Escorts appoints Ajay Mandahr as CEO of CE business

Escorts Ltd announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

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