Escorts Kubota Q3 results: Net profit soars 12% YoY to ₹358 crore; special interim dividend declared

In the corresponding period of the previous fiscal year, it had logged a profit of ₹320.64 crore, it said in a regulatory filing.

The firm recognised an incremental expense of approximately ₹52.46 crore relating to certain employees due to the implementation of the new labour code.

Its revenue from operations surged 11.23% YoY to ₹3,280.49 crore during the quarter under review, compared to ₹2,948.02 crore in the December quarter of the 2024-25 fiscal year (Q3FY25).

Segment-wise, the Haryana-based company’s revenue from the agri machinery products business stood at ₹2,786.94 crore for Q3FY26, reflecting a 14.73% YoY increase from ₹2,429.16 crore in the year-ago period.

Furthermore, its tractor volumes for the reporting quarter came in at 36,955 units, up by 13.5% YoY from 32,556 units in the third quarter of FY25 and by 9.1% quarter-on-quarter (QoQ) from 33,877 units in the September quarter of the current fiscal year.

Its revenue from the construction equipment segment, however, declined 5% YoY to ₹489.89 crore in Q3FY26, in comparison to ₹515.66 crore in the same period of FY25.

Additionally, its construction equipment sales volume stood at 1,716 units during the quarter, marking a decline from 1,989 units in Q3FY25. However, it increased sequentially from 1,146 units in the previous quarter.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, grew by 30.65% YoY to ₹435 crore in the October-December quarter of the current fiscal year.

It had clocked an EBITDA of ₹333 crore in the third quarter of FY25. Its EBITDA margin expanded to 13.25%, in comparison to 11.29%.

Board declares special interim dividend

The board of directors of Escorts Kubota also declared a special interim dividend of ₹18 per fully paid-up equity share (180%) with a face value of ₹10 each for FY26.

It also fixed Monday, February 16, as the record date for the same.

Shares of Escorts Kubota closed 0.20% higher at ₹3,785 per unit on the National Stock Exchange (NSE) on Tuesday.

The tractor manufacturer has a total market capitalisation of ₹42,345.73 crore, as of February 10, 2026, according to data on the NSE.