Escorts Kubota reports 54% rise in Q2 consolidated net profit

Ace News

8th Nov 2024

Escorts Kubota has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 53.15% rise in its net profit at Rs 326.70 crore for the quarter ended September 30, 2024 as compared to Rs 213.32 crore for the same quarter in the previous year. Total income of the company increased by 1.30% at Rs 2591.43 crore for Q2FY25 as compared to Rs 2558.22 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported rise of 54.02% in net profit at Rs 324.22 crore for Q2FY25 as compared to Rs 210.51 crore for the same quarter in the previous year. Total income of the company increased by 1.29% at Rs 2604.58 crore for Q2FY25 as compared to Rs 2571.43 crore for the corresponding quarter previous year.