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Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Please find enclosed the transcript of the earnings/conference call held on February 8, 2024.
13-02-2024

Escorts Kubota Q3 FY24 Results Live: Profit Rise by 57.06% YoY

Escorts Kubota Q3 FY24 Results Live: Revenue increased by 2.19% YoY & profit increased by 57.06% YoY
10-02-2024

Escorts Kubota Results Earnings Call for Q3FY24

Conference Call with Escorts Kubota Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
08-02-2024
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Q3FY24 Quarterly & 9MFY24 Result Announced for Escorts Kubota Ltd.

Commercial Vehicles company Escorts Kubota announced Q3FY24 & 9MFY24 results: Standalone Q3FY24 : - Revenue: Rs 2,320.4 crore (up by 2.5% YoY) - EBITDA: Rs 312.7 crore (up by 64.3% YoY) - Net Profit: Rs 277.3 crore (up by 48.8% YoY) - EPS: Rs 25.6 (up by 78.0% YoY) - Tractor volumes: 25,999 units (down by 7.2% YoY) - Construction Equipment volumes: 1,800 units (up by 48.9% YoY) - Railway Products Revenue: Rs 205.0 crore (down by 17.8% YoY) Consolidated 9MFY24: - Revenue: Rs 6,756.1 crore (up by 8.7% YoY) - Net Profit: Rs 797.2 crore (up by 89.7% YoY) - EPS: Rs 73.57 (up by 89.4% YoY) - Tractor volumes: 74,605 units (down by 4.0% YoY) - Construction Equipment volumes: 4,750 units (up by 53.6% YoY) - Railway Products Revenue: Rs 737.1 crore (up by 21.9% YoY) Operational Efficiency: - Margin: up by 507 basis points, reaching 13.5% - 9M Standalone Margin: up by 465 basis points, reaching 13.5% as well Segmental Highlights: - Agri Machinery (Tractors): EBIT Margin for 9MFY24 at 13.2% (up by 411 bps YoY) - Construction Equipment: EBIT Margin for 9MFY24 at 8.7% (up by 836 bps YoY) - Railway Equipment: EBIT Margin for Q3FY24 at 18.4% (up by 532 bps YoY) - Order book for Railway division stood at over Rs 900 crore as of end-December 2023. Other Highlights: - Softening in commodity prices, improved price realization, and effective cost control measures contributed to growth. - The company reports the highest ever quarterly revenue for the Construction Equipment segment. - Capacity utilization remains strong, with approximately 75% in Agri Machinery and 65% in Construction Equipment. - A sustainable order book indicates a promising outlook for the Railway Equipment Division. Result PDF
08-02-2024
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Escorts Kubota Ltd - 500495 - Statement Of Deviation

Statement of Deviation is attached
08-02-2024
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