Escorts Kubota Ltd - 500495 - Weblink Of Audio Recording
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the conference call held on May 10, 2023, for discussing the earning performance of the quarter and year ended March 31, 2023, has been uploaded on the Company's website at the below link: https://www.escortsgroup.com/investors/financials.html?view=list Escorts Kubota Ltd - 500495 - Disclosure On Related Party Transactions
Pursuant to Regulation 23(9) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the disclosure of Related Party Transactions for the half year ended March 31, 2023. Escorts Kubota Ltd - 500495 - Statement Of Deviation Or Variation In The Use Of Proceeds Of Preferential Issues For The Quarter Ended March 31, 2023
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds from the objects stated in the Letter of Offer for Preferential Issues of the Company. A statement of deviation, stating that there is no deviation or variation in the utilization of these proceeds, duly reviewed by the Audit Committee, is attached. Q4FY23 Quarterly & FY23 Annual Result Announced for Escorts Kubota Ltd.
Commercial vehicles company Escorts Kubota announced Q4FY23 & FY23 results: Consolidated Q4FY23: Net profit for Q4FY23 at Rs 216.5 crore as against a profit of Rs 190.0 crore in Q4FY22 representing 13.9% growth year on year and 19.7% growth as against Rs 180.8 crore in Q3FY23 Revenue from operations at Rs 2,214.5 crores up by 17.4% as against Rs 1,886.6 crore in Q4FY22 EBIDTA for Q4FY23 came at Rs 233.2 crore as against Rs 248.2 crore in Q4FY22 Consolidated FY23: Revenue from operations at Rs 8,428.7 crore was up by 15.7% as against Rs 7,282.7 crore in FY22 Profit before tax and before the exceptional item of Rs 53.1 crore was at Rs 887.6 crore against Rs 992.8 crore in FY22 Profit after tax was at Rs 636.7 crore against Rs 735.6 crore in FY22 EPS reported at Rs 58.85 as against Rs 74.06 in FY22 Standalone FY23: Revenue from operations came at Rs 8,345.0 crore as against Rs 7,196.9 crore in FY22 Profit before tax and before the exceptional items were at Rs 902.3 crore vs Rs 1,021.9 crore in FY22 Net profit after tax came at Rs 607.0 crore against Rs 765.6 crore in FY22 Speaking on the results, Chairman and Managing Director Nikhil Nanda, said, "Our efforts are aligned with our Mid Term Business Plan for achieving the targeted growth in coming years. In agribusiness, while the retail sales were impacted due to unseasonal rainfall and crop damage in certain regions, however, with better crop prices, improved finance availability, and good water reservoir levels, we expect demand momentum to continue across geographies in the coming quarters. We witnessed growth across the construction equipment portfolio towards the second half of this fiscal year across material handling, earth moving as well as road segments. The current market sentiments are positive, and demand is expected to remain buoyant due to the continuous focus of the government on infrastructure projects. Railway business has also been consistently growing and the focus on rail network and connectivity will further provide impetus to the segment. Our investments in expanding coverage, building capacity, and producing innovative product lines will continue for enhanced customer reach and product experience." As per Deputy Managing Director, Seiji Fukuoka, "We are committed to offering state-of-the-art technology and solutions to our customers for increased productivity and operational efficiency. Our efforts across domestic and export geographies are well-mapped to leverage opportunities across our core business verticals, and we are hopeful that with our strategic initiatives, we will be able to achieve desired growth. Quality and performance will be our topmost priority and we will continue to focus on innovation and enhancing customer experience." Result PDF Escorts Kubota Ltd - 500495 - Intimation Of Press Release/ Earning Presentation
Please find enclosed herewith the Press Release and Earning Presentation on the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2023. Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find enclosed herewith the Press Release and Earning Presentation on the Audited Financial Results (Consolidated and Standalone) for the quarter and year ended March 31, 2023. Escorts Kubota Ltd - 500495 - Announcement under Regulation 30 (LODR)-Dividend Updates
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Board of Directors of the Company has recommended a final dividend of Rs. 7.00/- (70%) per fully paid-up equity share of Rs. 10/- each for the financial year 2022-23 on all Equity shares that will be held on the Record Date to be announced for the purpose, other than the Equity Shares held by Escorts Benefit and Welfare Trust, subject to the approval of the shareholders at the ensuing Annual General Meeting. Escorts Kubota Ltd - 500495 - Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31, 2023
Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Board of Directors of the Company has approved, inter-alia, the following matters in their meeting held today i.e. May 10, 2023, commenced at 12:00 Noon and concluded at 14:35 P.M.: 1. Recommended the dividend of Rs. 7.00/- (70%) per fully paid-up equity share of Rs. 10/- each for the financial year 2022-23 on all Equity shares that will be held on the Record Date to be announced for the purpose, other than the Equity Shares held by Escorts Benefit and Welfare Trust, subject to the approval of the shareholders at the ensuing Annual General Meeting. 2. Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2023. 3. Audited Financial Statement (Standalone and Consolidated) for the year ended March 31, 2023. Escorts Kubota Ltd - 500495 - Board Meeting Outcome for Outcome Of Board Meeting
Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please note that the Board of Directors of the Company has approved, inter-alia, the following matters in their meeting held today i.e. May 10, 2023, commenced at 12:00 Noon and concluded at 14:35 P.M.: 1. Recommended the dividend of Rs. 7.00/- (70%) per fully paid-up equity share of Rs. 10/- each for the financial year 2022-23 on all Equity shares that will be held on the Record Date to be announced for the purpose, other than the Equity Shares held by Escorts Benefit and Welfare Trust, subject to the approval of the shareholders at the ensuing Annual General Meeting. 2. Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2023. 3. Audited Financial Statement (Standalone and Consolidated) for the year ended March 31, 2023. Escorts Kubota Ltd - 500495 - Intimation Of Interaction With Media
In compliance with Regulation 30(6) read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations'), we wish to inform you that the Company will be interacting with media as per the details enclosed.