Escorts Kubota shares tumble 6% to 52-week low as Q2 profit falls 21% YoY; Oct tractor sales decline 10%

In the corresponding period of the preceding fiscal year, the company had logged a profit of ₹318.16 crore, according to a regulatory filing.

However, its consolidated revenue from operations advanced 16.2% YoY to ₹3,243.41 crore during the quarter under review, compared with ₹2,791.56 crore in the September quarter of the 2025-26 fiscal year (Q2 FY26).

H1 FY27 performance

For the first half ended September 2026, its consolidated revenue came in at ₹6,451.0 crore, up 21.9% YoY, as against ₹5,291.6 crore in the corresponding period last year.

Its EBITDA (earnings before interest, tax, depreciation, and amortisation) declined by 6% YoY to ₹642.5 crore for the reporting period, from ₹681.1 crore in H1 FY26.

What the management said

Commenting on the earnings, the management of Escorts Kubota said: “Profitability during the quarter was impacted by elevated commodity costs and changes in product mix. While cost pressures remained higher than anticipated, we continue to focus on operational efficiencies and cost optimization initiatives across the business.”

The management further stated that, assuming a stable commodity environment from Q4 onwards, they expect margins to improve gradually from Q4 and return closer to normal levels in FY28.

“Our product pipeline and innovation roadmap continue to support our long-term growth ambitions,” Escorts Kubota added.

October sales

Escorts Kubota Ltd on Sunday reported a 10% YoY decline in total tractor sales to 16,921 tractors in October from 18,798 a year earlier.

Its domestic tractor sales fell 10.9% to 16,412 tractors compared to 18,423 units in the year-ago period.

However, the company's exports rose 35.7% to 509 units in October against 375 units in the year-ago period.

The industry witnessed some moderation in October 2026, impacted by a high base, shift in festive timing and monsoon-related disruptions. Elevated input costs due to geopolitical developments and consequent pricing actions may moderate demand in the near term, the company said in a release.

Escorts Kubota stock trend

At around 3:18 PM, the shares were trading 5.72% lower at ₹2,429 apiece. The scrip has lost 6% in the past week and 9% over the month. On a year-to-date (YTD) basis, it has fallen 36%.

The stock hit a 52-week high of ₹3,987.80 per equity share on January 6, 2026.

Escorts Kubota has a total market capitalisation of ₹27,131.47 crore as of November 2, 2026, according to data on the NSE.