Interim report
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Escorts Kubota Limited Registered Office - 15/5, Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-2250222 | E-mail: corp.secretarial@escortskubota.com | Website: www.escortskubota.com Corporate Identification Number L74899HR1944PLC039088 November 02, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai – 400051 BSE – 500495 NSE – ESCORTS Sub: Outcome of Board Meeting pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Dear Sir/ Ma’am, Pursuant to Regulations 30 and 33 of SEBI Listing Regulations, it is to inform that the Board of Directors of the Company, at its meeting held today i.e. November 02, 2026, has inter-alia Considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026. The unaudited financial results alongwith the Limited Review Report as received from the Statutory Auditors, are enclosed herewith as Annexure-I. A press release issued in this regard is also enclosed as Annexure-II. The Board Meeting commenced at 12:00 Noon and concluded for the day at 02:10 PM. Kindly take the same on record. Thanking you, Yours faithfully, for Escorts Kubota Limited Vicky Chauhan Company Secretary Encl: As above Escorts Kubota Limited
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Annexure-I Escorts Kubota Limited Escorts Kubota Limited St atement of standalone unaudited financi al results for the auarter and half veer ended Seotember 30 2026 Standalone results 3 Months ended Preceding3 Corresponding 3 For the half year ended Particulars months ended months ended in the previous year 30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 Unaudited Unaudited Unaudited Unaudited Unaudited Income Revenue from operations 3,231.37 3,178.90 2,777.42 6,410.27 5,260.78 Other income 122.89 207.44 133.61 330.33 289.2 1 Total income 3,354.26 3,386.34 2,911.03 6,740 .60 5,549.99 Expenses Cost of materia ls cons um ed 2,161.14 1,894.71 1,780 .53 4,055.85 3,002.84 Purchases of stock- in-trade 574.36 537.82 153. 45 1,112 .18 716.1 6 Changes in inventories of finished goods, stock- in-trade and wo rk- (376.60) (11 8.53) (9.14) (495.13) (77.44) in-progress Em ployee benefit s expense 229.61 203.23 201 .87 432.8 4 385.29 Finance costs 3.79 4. 60 4. 23 8.39 7.87 Deprecia tion and am ortisation expenses 67.5 1 64.42 61.48 131.93 120.57 Oth er expenses 350.42 306.2 7 287. 48 656.69 545.71 Total expenses 3,010 .23 2,892.52 2,479 .90 5,902 .75 4,701.00 Profit before exceptional items and tax 344 .03 493 .82 431.13 837.85 848.99 Exceptio nal items (refer note 3) 75.99 Profit before tax from continuing operations 344.03 493.82 431.13 837.85 924 .98 Tax expense Current tax 47.51 114.62 101,9 1 162. 13 191.88 Deferred tax 41 .48 (8.14) 8. 04 33.34 39. 31 Total tax expense 88.99 106.48 109 .95 195 .47 231.19 Net profit for the period from continuing operations 255 .04 387.34 321 .18 642 .38 693.79 Profit befor e tax from discont inued operations 1,203.05 Tax expense of disco ntinu ed operat ions 175.42 Net profit for the period from discont inued oper ations . 1,027 .63 Net profit for the period 255 .04 387.34 321.18 642 .38 1,721 .42 Other comp rehensive income/ (loss) Items that will not be reclassified to profit or loss Re-measureme nts of defined empl oyee benefit plans 0.57 (4.24 ) (2.07 ) (3.67) (1.00) Income tax relatin g to items that will not be reclassified to profit or (0.15) 1.07 0.52 0.92 0.25 loss Total other comprehensive income/ (loss) 0.42 (3.17) (1.55) (2.75) (0.75) Total comprehensive income 255.46 384.17 319.63 639.63 1,720.67 Earnings per equity share oft 10 each : Not annualised Not annualised N ot annualised Not annualised Not annu alised For continuing operations a) Basic (~) 23.18 35.2 0 29.1 9 58.38 63. 07 b) Dilut ed(~ ) 23. 17 35.2 0 29. 19 58.37 63.05 For discontinued operations a)Basic(t) 93.41 b) Dilut ed (~) 93.39 For continuing and discontinued ope ration s a) Basic(~) 23.18 35.20 29. 19 58.38 156. 48 b) Dilute d (~) 23. 17 35.20 29. 19 58.3 7 156.44 Paid up equity share capit al, face value of , 10 eac h 111.88 111 .88 111.8 8 111 .88 111.88 Other equity , in Crores For the year ended 31-03-20 26 Audited 11 ,472.78 564.3 0 12,037 .08 6,480. 05 1,594.5 1 (80.33) 802.2 4 18.9 1 252.82 1,163.35 10,231 .55 1,805.53 23.53 1,829.06 389.78 58.33 448 .11 1,380 .95 1,203.05 175.42 1,027 .63 2,408.58 8.67 (2.1 8) 6.49 2,415 .07 125.52 125.49 93.4 1 93.38 218.93 218.87 111.88 12,287.88
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Escorts Kubota Limited Escorts Kubota Limited Statement of standalone assets and liabilities Particulars ASSETS 1 Non-current assets a) Property, plant and equipment b) Capital work-in-progress c) Right-of-use assets d) Intangible assets e) Intangible assets under development f) Financial assets (i) Investments (ii) Other financial assets g) Income tax assets (net) h) Other non-current assets "in Crores Standalone As at As at 30-09-2026 31-03-2026 Unaudited Audited 1,981.49 1,949.30 149 .69 160.94 485.69 119.05 82.38 66.33 19.76 38.64 1,368 .83 2,314 .43 587.89 757 .12 0.28 0.28 388.10 360 .27 Total non-current assets 1------'=:::...:..:..:....:..-t--------'::.e..:..=~ 5,064.11 5,766.36 2 Current assets a) Inventories b) Financial assets (i) Investments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances other than (iii) above (v) Other financial assets c) Other current assets 1,972 .76 1,401 .26 6,648 .44 6,107.31 1,499.76 1,234 .21 175.04 166.10 667.50 660.70 30.26 32 .07 530.77 381 .09 Total current assets 1-------'--'---+-----:....:...::...-'--~ 11,524.53 9,982.74 3 Assets held for sale - 17.54 Total assets I--__ ....;.;;.:.;;.~.;;..;..+---....;.;;.:.;.,;;.;;.;~ 16,588.64 15,766.64 EQUITY AND LIABILITIES 1 Equity a) Equity share capital b) Other equity 111.88 111.88 12,563.85 12,287 .88 Total equity1-----=-==-=-=~+---___::==~ 12,675.73 12,399.76 2 Non-current liabilities a) Financial liabilities (i) Lease liabilities (ii) Other financial liabilities b) Provisions c) Deferred tax liabilities (net) d) Other non-current liabilities 64.06 39 .64 77.86 150.89 10.92 343.37 Total non-current liabilitiesl- ___ _;:,~..::..c....+-- 3 Current liabilities a) Financial liabilities (i) Lease liabilities (ii) Trade payables (a) Total outst anding dues of micro enterprises and small enterprises (b) Total outstanding dues of creditors other than micro enter rises and small enterprises ~OIOK & c0 - <:.,~ ~ (iii) Other financial liabilities B ~ "° o -I • I 51.75 95.52 2,572.80 417.83 208 .15 179.84 43.65 3,569.54 b) Other current liabilities 0-{..U O t, < ~ • I c) Provisions g 1 ~ ~~ d) Current tax liabilities (net) cJl m C'"Y- <J ~* ;' Total ~e$ 1lities1----==.;;..;..+-- ~R10P...'o'?-Q Total equity~ liabilities 16,588.64 75 .66 39.54 88.38 118.47 11.64 333.69 49.83 95.71 2,079.10 413.75 214 .73 148 .88 31.19 3,033.19 15,766.64
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Escorts Kubota Limited Escorts Kubota Limited Statement of standalone unaudited cash flows Particulars A Cash flows from operating activities Profit before tax from continuing and discontinued operations (after exceptional items) Adjustments for: Depreciation and amortisation expense Provisions recognised (net of provisions written back) Finance costs (other than finance and bank charges) Interest income Loss/ (gain) on disposal of property, plant and equipment (net) Gain on sale of assets held for sale (including discontinued operations) Gain on fair valuation and sale of investments carried at fair value through profit or loss (net) Unrealised foreign exchange gain (net) Operating profit before working capital changes Movement in working capital Inventories Trade receivables Other financial assets Other assets Trade payables Other financial liabilities Other liabilities and provisions Cash generated from operating activities post working capital changes Income tax paid (net) Net cash generated from operating activities (A) B Cash flows from investing activities Purchase of property, plant and equipment (including capital advances) Proceeds from sale of property, plant and equipment Purchase of intangible assets Payment towards acquisition of leasehold rights Proceeds from sale of assets held for sale (including discontinued operations) Investment made in subsidiary (Purchase)/ Sale of non - current investments (net) (Purchase)/ Sale of current investments (net) Bank deposits (net) Margin/ bank deposits Interest received Net cash generated from/ (used in) investing activities (Bl C Cash flows from financing activities Proceeds from shares(ESOPs) issued Repayment of lease liabilities Interest paid Dividend paid N&t Cft.!h U.!&d in financing oetivitie.! (0) Increase/ (decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the year* Cash and cash equivalents at the end of the period . . *including~ 1.26 Crores pertaining to d1scont1nued operations at year ended March 31, 2025 't' in Crores For the half year ended 30-09-2026 30-09-2025 Unaudited Unaudited 837.85 2,128.03 131.93 120.57 11 .54 22.34 7.51 6.66 (179.28) (177.80) 0.49 0.58 - (1,247 .95) (148 .32) (108.91) (11 .27) (1.17) 650.45 742.35 (571.50) (66.98) (286 .23) (167.86) (15.21) (2.77) (174.68) (92.40) 520.59 300.07 8.39 (3.00) 24.92 (6.05) 156.73 703.36 (152.13) (203.05) 4.60 500.31 (126.53) (137 .95) 1.55 2.95 (9.65) (11.70) (378.63) - - 1,711.69 (170 .00) (70.00) (444 .02) 635.77 1,026 .20 (1 ,808 .72) 181.14 (2.85) (16.79) (718.39) 331.92 51 .75 395.19 (347.45) 1.90 3.06 (22.14) (17.53) (7.51) (6.66) (363.10) (198 .02) (i&0 ,i6) (:H&,16) 8.94 (66.29) 166.10 337.06 175.04 270.77
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Escorts Kubota Limited Escorts Kubota Limited Se~ment wise revenue results and caoltal emoloved for the auarter and half vear ended Seotember 30 2026 Stand alone 3 Months ended Preceding 3 Correspond ing 3 For the half year ended SI. months ended months ended In Particulars the previous No. year 30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 Unaudited Unaudited Unaudited Unaudited Unaudited 1 Segment revenue : a) Agri machinery products 2,690.08 2,766.46 2,432.88 5,456.54 4,614.34 b) Construction equipments 536.20 419.63 338.10 955.83 639.58 c) Unallocated 5.09 17.19) 6.44 (2.10) 6.86 Total 3,231 .37 3,178.90 2,777.42 6,410 .27 5,260 .78 Less: Inter segment revenue Net segment revenue from continuin g operations 3,231 .37 3,178 .90 2,777 .42 6,410 .27 5,260 .78 Add: Revenue from discontinued operations 133.87 Total Revenue 3,231 .37 3,178 .90 2,777 .42 6,410 .27 5,394 .65 2 Segment results : a) Agri machinery products 209.14 297.57 31 1.96 506.71 586.44 b) Construction equipments 42.27 22.60 12.76 64.87 30.23 Total 251 .41 320.17 324 .72 571 .58 616.67 Adjusted for : - Finance costs 3.79 4.60 4.23 8.39 7.87 - Exceptional items (refer note 3) (75.99) - Othe r unallocable income(net) (96.41) (178.25) 1110.641 1274.66) 1240.19) Profit before tax from continuin g operat ions 344.03 493.82 431.13 837 .85 924.98 Profit before tax from discontinued operations 1,203.05 Total Profit before tax 344 .03 493 .82 431 .13 837 .85 2,128 .03 3 Segment assets a) Agri machinery products 6,019.27 5,287.54 5,265.74 6,019.27 5,265.74 b) Construction equipments 469.70 435.84 411 .39 469.70 411 .39 c) Unallocated 10,099.67 10,691.49 9,389.57 10,099.67 9,389.57 Total assets 16,588 .64 16,414 .87 15,066 .70 16,588 .64 15,066 .70 4 Segment liabilities a) Agri machinery products 3,053.34 2,857.51 2,319.10 3,053.34 2,319.10 b) Construction equipments 499.98 420.60 344.11 499.98 344.11 c) Unallocated 359.59 352.32 499.14 359.59 499.14 Total liabilities 3,912 .91 3,630 .43 3,162 .35 3,912 .91 3,162 .35 Notes : , In Crores For the year ended 31-03-2026 Audited 9,779.64 1,685.92 7.22 11,472.78 11 ,472.78 133.87 11,606.65 1,231.25 133.06 1,364.31 18.91 (23.53) (460.13) 1,829 .06 1,203.05 3,032 .11 5,069.10 452.63 10,244.91 15,766 .64 2,585.62 454.55 326.71 3,366 .88 The above standalone financia l results for the quarter and half year ended September 30, 2026 were reviewed by the Aud it Committee and app roved by the Board of Directors of the Company in their respective meetings held on November 02, 2026 and have been reviewed by the Statut ory Auditors of the Company. 2 Th e standalone financial results have been prepared in accordance with the recognition and meas urement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('1nd AS 34' ), prescri bed under section 133 of the Companies Act, 2013 ('the Act'), and other accoun ting principles generally acce pted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (li sting Obligations and Disclosure Requirements) Regulations, 2015 (as amended) . 3 Exceptional items a For the half year ended September 30, 2025 and year ended March 31, 2026, the Company recorded a gain of ~ 75.99 crores on the sale of certain land and Buildings to Sona BLW Precis ion Forgings Limited (Sona Coms tar). b For the year ended March 31, 2026, the Company recognised an incremental expense of '{52.46 crore in respect of employees covered by the relevant provisions of the new labour code, pursuant to the notif ication issued by the Government of India on November 21, 2025.
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4 The Board of the Directors of the Company on October 23, 2024 had app roved the sale/ transfer of its division engaged in the Business of manufacturing, assembly, sales, servicing , research and develop ment of railway equipm ent products including parts thereto (" RED Business") as a going concern, on a 'slump sale' basis, as defined under Section 2(42C) of the Income-tax Act, 1961, for a lump sum cash cons ideration of 't' 1,600 Crores (subj ect to certa in working cap ital adju stments) without values being assigned to the indi vidu al assets and liabilities in suc h sale/ transfer, to Sona BLW Precision Forgings Limit ed (Sona Comstar). The said Business was a reportable segmen t as "Railway equipmen ts" as per the requiremen ts of Ind AS 108, "Opera ting Segments" till Septembe r 30, 2024. Subseque ntly, the said Business had been disclosed under discontinued operations and previous periods were also reclassified in terms of Ind AS 105 "Non-current assets held for sale and discontinue d operations" . During the quarter ended June 30, 2025, the company transferred the RED Business to Sona Comstar upon completion of condit ions precedent as speci fied in the Business transfer agreement (BTA). a Net profit for the period from discontinued operations tin Crores 3 Months ended Preceding3 Corresponding 3 For the half year ended For the year ended months ended months ended In Particulars the previous year 30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025* 31-03-2026* Total Inco me 134.03 134.03 Total expenses 102.94 102.94 Profit before tax 31 .09 31.09 Tax expense 7.B3 7.83 Profit after tax . 23.26 23.26 Profit after tax from sale of RED Business (Refer Not e 4b) 1,004.37 1 004.37 Net oroflt for the oerlod from discontinued ooeratlons 1 027.63 1 027.63 ' Inclu des profit from dIscontI nued operations till May 31, 2025. b Profit aft er tax from sale of RED Business tin Crores Particulars 3 months ended 30-06-2025 Adjusted consideration(net of tran sact ion cost) 1,601.69 Less: Net Assets tran sferred 429.73 Profit before tax 1,171.96 Tax exoense 167.59 Profit after tax from sale of RED Business 1,004 .37 5 The Board of Directors, at it s meeting held on May 7, 2026, recomm ended a final dividend of f33 per equity share (face value of f10 each) for the financia l year 2025-26. The said dividend was duly approved by the memb ers of the Company at the Annual General Meeting held on July 15, 2026, and was subse qu ently distributed to the sharehold ers during the quarter ended September 30, 2026. 6 Previous period figures have been re-grouped/ reclass ified wherever necessary, to conform to current period's classi fication and the impa ct of such re-groupin g/ reclassification are not mat erial to the financi al results. Place: Mumbai Date : November 02, 2026 Escorts Kubota Limited Registered Offi ce - 15/5 , Mathura Road, Faridabad - 121003, Haryana, India Tel.: +91-129-22502221 E-mail: corp.secretarial@escortskubota.comIWebsite:www.escortskubota.com Corporate Identifi cation Numb er L74899HR1944PLC039088 For Escorts Kubota Limit ed NI KH IL ~:~ ~:~1 ~~~~1 by NANDA Date: 2026. 11 .02 13:55:35 +05'30' Nikhil Nanda (Chairm an and Managing Director) (DIN: 00043432)
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Walker Chandiok &..Co LLP Walker Chandiok & Co LLP L 41, Con naught Circus, Outer Circle, New Delhi - 110 001 India T +9111 4500 2219 F +9111 4278 7071 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of Escorts Kubota Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Escorts Kubota Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of Escorts Kubota Limited ('the Company') for the quarter ended 30 September 2026 and the year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Chartere<J Accountants Offices in Ahmedabad, Bengaluru, Chandigarh. Chennai, 0ehradun. Goa, Gurugram, Hyderabad, Indore, Koc hi, Kolkata, Mumbai, New Delhi, Naida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok &..Co LLP Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Results of Escorts Kubota Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognit'ion and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Fo~W ro.Chandiok & Co LLP Ch ered ccountants F:' m R is ration No: 001076N/N500013 Partner Membership No.: 503498 UDIN: .,_,5o'3~'1&VwaA4;7091 Place: New Delhi Date: 2 November 2026 Chartered Accountants
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Escorts Kubota Limited Escorts Kubota Limit ed Stat ement of consolidat ed unaudited finan cia l results for the quarter and half year ended September 30, 2026 3 months ended Preceding3 Particulars months ended 30-09-2026 30-06-2026 Unaudited Unaudited Income Revenue from opera tions 3,243.41 3,207.55 Other income 123.42 207.84 Total income 3,366.83 3,415 .39 Expenses Cost of mater ials consumed 2,164.70 1,909.86 Purchases of stock-in-t rade 574.36 537.82 Changes in inventories of finished goods, stock-in-trade and work-in-progress (378.20) (115.72) Emp loyee benefits expense 237.81 210.50 Finance costs 4.66 5.19 Depreciation and amortisation expenses 68.06 64.97 Other expenses 356.72 310.63 Total expenses 3 028.11 2,923 .25 Profit from continuing operations before share of net loss of investment 338.72 492.14 accounted for using the equity method and tax Share of loss of investments accounte d for using equity method Profit before exceptional Items and tax 338.72 492.14 Exceptional items (refer note 3) Profit before tax from continuing operations 338.72 492.14 Tax expense Current tax 47.51 114.62 Deferred tax 40.99 (8.41) Total tax expense 88.50 106.21 Net profit for the period from continuing operations 250.22 385.93 Profit before tax from discontinued operatio ns Tax expense of disconti nued operat ions Net profit for the period from discontinued operations Net profit for the period 250.22 385.93 Other comprehensive Income/ {Loss) Items that will not be reclassified to profit or loss Re-measurements of defined employee benefit plans 0.53 (4.23) Income tax relating to items that will not be reclassified to profit or loss (0.13) 1.06 Items that will be reclassified to profit or loss Exchange differences on translation of foreign operations 0.03 Income tax relating to items that wilt be reclassified to profi t or loss Total other comprehensive Income/ {loss) 0.43 (3.17} Total comprehensive Income 250.65 382.76 Profit/ (loss) attributable to : al Owners of the parent 250.23 385.94 b) Non-controlling interests (0.01) (0.01) Oth er comprehensive income/(loss) attributable to : a) Owners of the parent 0.43 (3.17} b) Non-controlling interests Tuldl l.U111µ1cl1'011~lv~ i11l.u111'0/(lv:,~) dlll II.Juldl.Jlt1 lu. a) Owne rs of the parent 250.66 382.77 b) Non-controlling interests (0.01) (0.01) Earnings per equity share of, 10 each : Not annualised Not annualised For continuing operations a) Basic({) 22.74 35.08 bl Dilutedm 22.74 35.07 For discontinued operations a) Basic(~) b) Diluted({) For continuing and discontinued operations a) Basic(~) 22.74 35.08 b) Diluted ({) 22.74 35.07 Paid up equity share capital, face value of'(' 10 each 111.88 11 1.88 Othe r eauitv , in Crores Consolidated results Corresponding 3 For the half year ended For the year months ended in ended the previous year 30-09-2025 30-09-2026 30-09-2025 31 -03-2026 Unaudited Unaudited Unaudited Audited 2,791.56 6,450.96 5,291.61 11,540.26 134.25 331.26 290.36 566.36 2,925 .81 6,782.22 5,581.97 12,106.62 1,790.08 4,074.56 3,022.77 6,525.43 153.45 1,112.18 716.16 1,594.51 (9.78) (493.92) (77.02) (84.74) 207.57 448.31 395.64 825.48 4.56 9.85 8.55 20.43 62.15 133.03 121.73 255.06 290.53 667.35 552.95 1,183.22 2 498.56 5,951.36 4,740.78 10,319.39 427.25 830.86 841.19 1,787.23 427.25 830.86 841.19 1,787.23 75.99 23.53 427.25 830.86 917.18 1,810.76 101.93 162.13 191.90 389.80 7.21 32.58 37.70 54.54 109.14 194.71 229.60 444.34 318.11 636.15 687.58 1,366.42 1,203.05 1,203.05 175.42 175.42 1,027.63 1,027.63 318.11 636.15 1,715.21 2,394 .05 (2.07) (3.70) (1.00) 8.71 0.52 0.93 0.25 (2.19) 0.09 0.03 0.41 0.39 (1 .46) (2.74 (0.341 6.91 316.65 633.41 1,714.87 2,400 .96 318.16 636.17 1,715.27 2,394.09 (0.05) (0.02) (0.06) (0.04) (1.46} (2.74) (0.34) 6.91 316.70 633.43 1,714.93 2,401.00 (0.05) (0.02) (0.06) (0.04) Not annualised Not annualised Not annualised 28.92 57.82 62.51 124.20 28.91 57.81 62.49 124.17 93.41 93.41 93.39 93.38 28.92 57.82 155.92 217.61 28.91 57.81 155.88 217.55 111.88 111 .88 111.88 11 1.88 12,260.95
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C l(•J">'>~'l Escorts Kubota Limited Escorts Kubota Limited Statement of consolidated assets and liabilities "in Crores Consolidated Particulars As at Asat 30-09-2026 31-03-2026 Unaudited Audited ASSETS 1 Non-current assets a) Property, plant and equipment 1,984.07 1,951.87 b) Capital work-in-progress 149.69 160.95 C) Right-of-use assets 485.83 119.29 d) Intangible assets 89.51 74.38 e) Intangible assets under development 19.76 38.64 f) Financial assets (i) Investments 1,053.24 2,168.82 (ii) Loans 138 .30 65.88 (iii) Other financial assets 590.82 759 .82 g) Deferred tax assets (net) 8.17 7.38 h) Income tax assets (net) 1.02 1.01 i) Other non:current assets 388.10 360.28 Total non-current assets 4,908.51 5,708.32 2 Current assets a) Inventories 2,038.49 1,472 .26 b) Financial assets (i) Investments 6,717.52 6,112.58 (ii) Trade receivables 1,472.29 1,202.55 (iii) Cash and cash equivalents 182.77 178 .06 (iv) Bank balances other than (iii) above 667.72 661 .32 (v) Loans 61.52 30.10 (vi) Other financial assets 30.36 32.17 c) Other current assets 538.73 384 .46 Total current assets 11,709 .40 10,073.50 3 Assets held for sale - 17.54 Total assets 16,617.91 15,799.36 EQUITY AND LIABILITIES 1 Equity a) Equity share capital 111.88 111.88 b) Other equity 12,530.76 12,260 .95 Equity attributable to equity holders of the parent 12,642.64 12,372.83 Non-controlling interest (3.98) (3.94) Total equity 12,638.66 12,368.89 2 Non-current liabilities a) Financial liabilities (i) Lease liabilities 64.16 75.79 (ii) Other financial liabilities 39.64 39.54 b) Provisions 79 .68 90 .10 c) Deferred tax liabilities (net) 150 .39 117.90 d) Other non-current liabilities 10.92 11 .64 Total non-current liabilities 344.79 334.97 3 Current liabilities a) Financial liabilities (i) Borrowings 36.17 36.21 (ii) Lease liabilities 51 .82 49 .89 (iii) Trade payables (a) Total outstanding dues of micro enterprises and small ent 95 .65 95 .78 (b) Total outstanding dues of cred · B; L -r than micro e □Ql(,e) 2,587 .19 2,097.54 smallenterprises o'l,.\J O~< l <o (iv) Other financial liabilities tf::" i I~ ~, 425.14 419 .79 b) Other current liabilities 8 ~ ;:: ~ 214.75 215 .74 c) r.fl m • ~,.. 180 .00 149 .26 Provisions I)) O ·'-· ;s d) Current tax liabilities (net) * ,c:- <:j' • RE\; f>-'-e,<:l 43 .74 31 .29 "l~<c,'r Tofllt"CUrrent liabilities 3,634.46 3,095.50 Total equity and liabilities 16,617.91 15,799.36
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C 1(•J ">'lt'l Escorts Kubota Limited Escorts Kubota Limited Statement of consolidated unaudited cash flows ~ in Crores Particulars For the half year ended 30-09-2026 30-09-2025 Unaudited Unaudited A Cash flows from operating activities Profit before tax from continuing and discontinued operations (after exceptional items) 830.86 2,120.23 Adjustments for: Depreciation and amortisation expense 133.03 121.73 Provisions recognised (net of provisions written back) 13.21 22.58 Finance costs (other than finance and bank charges) 8.88 7.31 Interest income (179.38) (177.90) Loss on disposal of property, plant and equipment (net) 0.49 0.58 Gain on sale of assets held for sale (including discontinued operations) - (1,247 .95) Gain on fair valuation and sale of investments carried at fair value through profit or loss (net) (149.87) (110.20) Unrealised foreign exchange gain (net) (12.15) (1.17) Operating profit before working capital changes 645.07 735.21 Movement in working capital Inventories (566.22) (76.72) Trade receivables (290.38) (155 .86) Other financial assets(including loans) (119.05) (29.67) Other assets (180.77) (98.27) Trade payables 516.59 318.68 Other financial liabilities 9.66 (19.68) Other liabilities and provisions 30.56 6.70 Cash generated from operating activities post working capital changes 45.46 680.39 Income tax paid (net) (152.14) (203.06) Net cash (used in)/ generated from operating activities (A) (106.68) 477.33 B Cash flows from investing activities Purchase of property, plant and equipment (including capital advances) (126 .68) (136 .77) Proceeds from sale of property, plant and equipment 1.55 2.94 Purchase of intangible assets (9.63) (18.33) Payment towards acquisition of leasehold rights (378.63) - Sale I (Purchase) of non - current investments (net) (444.02) 635.77 Sale I (Purchase) of current investments (net) 963.95 (1,843 .26) Bank deposit (net) 181.20 (2.66) Proceeds from sale of assets held for sale (including discontinued operations) . 1,711 .69 iviarg1n1oanK O!lP0SltS l'lb./!:JJ (ILU .Ub) Interest received 332.12 51.95 Net cash generated from/ (used in) investing activities (B) 503.07 (318 .72) C Cash flows from financing activities Proceeds from shares (ESOPs) issued 1.90 3.06 Repayment of lease liabilities (22.17) (17.56) Proceeds/ (repayment) of short term borrowings (net) 0.65 (2.25) Interest paid (8.88) (7.31) Dividend paid (363 .10) (198.02) Net cash used in financing activities (C) (391.60) (222.08) lnr::rec1se/ dP.r.rP.ASP. in r.Ash Anrl GAsh equiv,1lents (A+R+C) 4.79 (63.47) Cash and cash equivalents at the beginning of the year* 178.06 343.93 Exchange difference on translation of foreign currency cash and cash equivalents (0.08) 0.48 Cash and cash equivalents at the end of the period 182 .77 280.94 *including~ 1.26 Crores pertaining to discontinued operations at year ended March 31, 2025
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Escorts Kubota Limited Escorts Kubot a Limit ed Segment wise revenue, result s and capital employ ed for the quarter and half year ended September 30 2026 Consolidated 3 month s end ed Precedln g 3 Corr espo nding 3 For the half year ended SI. months ended months ended in Particul ars the previous year No . 30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 Unaudited Unaudited Unaudited Unaudited Unaudited 1 Segment revenue : a) Agri machinery products 2,696.4 1 2,790.90 2,446.22 5,487.3 1 4,644.1 1 b) Construction equipmen ts 536.20 419.63 338. 10 955.83 639.58 c) Unallocated 10.80 (2.98) 7.24 7.82 7.92 Total 3,243.41 3,207.55 2,791.56 6,450 .96 . 5,291 .61 Less: Inter segment revenue Net segment reven ue from continuin g operations 3,243.4 1 3,207 .55 2,791 .56 6,450 .96 5,291 .61 Add: Revenue from discontinued operations 133.87 Tot al Revenue 3,243 .41 3,207 .55 2,791 .56 6,450 .96 5,425 .48 2 Segment results: a) Agri mac hinery produc ts 207.21 297.78 31 0.88 504.99 585.19 b) Construct ion equipments 42.27 22.60 12.76 64.87 30.23 Total 249 .48 320.38 323 .64 569 .86 615 .42 Adjus ted for : - Finance costs 4.66 5.19 4.56 9.85 8.55 - Exceptional items (refer note 3) (75.99) - Othe r unallocable income(net) (93.90) (176.95) (108.17) (270.85) (234.32) Prof it before tax from continu ing operat ions 338.72 492 .14 427 .25 830.86 917 .18 Profit before tax from discontinued operations 1,203.05 Tot al Profit before tax 338 .72 492 .14 427.25 830.86 2,120 .23 3 Segment asset s a) Agri machinery products 6,064.01 5,338.75 5,280.54 6,064.0 1 5,280.54 b) Const ruction equipments 469.70 435.84 411.39 469.70 411.39 c) Unallocated 10,084.20 10,673.19 9,372. 10 10,084.20 9,372. 10 Tota l assets 16,617.91 16,447.78 15,064.03 16,617 .91 15,064.03 4 Segment liab ilities a) Agri mach inery products 3,102.42 2,911.01 2,333.62 3,102.42 2,333.62 b) Construct ion equipmen ts 499.98 420.60 344.11 499.98 344.11 c) Unalloca ted 376.85 363.99 505.0 1 376.85 505.01 Tot al liabiliti es 3,979 .25 3,695.60 3,182 .74 3,979.25 3,182.74 Notes: "° in Cror es For th e year ended 31 -03-2026 Audited 9,841.19 1,685.92 13.15 11 ,540.26 11,540 .26 133.87 11 ,674.13 1,226.94 133.06 1,360 .00 20.43 (23.53) (447.66) 1,810 .76 1,203.05 3,013 .81 5,1 21.26 452.63 10,225.47 15,799 .36 2,639.70 454.55 336.22 3,430 .47 The above consolidated financial results for the quarter and half year ended September 30, 2026 were reviewed by the Audit Commit tee and approved by the Board of Directors of the Company {or "Holding Compa ny") in their respective meetings held on November 02, 2026 and have been reviewed by the Statutory Auditors of the Company. 2 The consolidated financial results have been prepa red in accordance with the recognition and measu rement principles laid down in Indian Accounting Standard 34, Interim Financial Haporu~g l'IM II~ J4' J, prascrlM1! UMar ~~ctlo~ ·1~~ or !M Uol\\~M IM Mt, ~u·I ~ ('tM IIC!'J. ar\d othM acMu~tl~g prI~cIpIM geMrauy acceptM I~ I Mia aM ate I~ comp liance w,th the presentation and disclosure requirements of Regulation 33 of the SEBI (listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3 Except ional items a For the half year ended Septem ber 30,2025 and year ended March 31, 2026 the Holding Company recorded a gain of ~ 75.99 crores on the sale of certa in land and bui ldings to Sona BLW Precision Forgings Li mited (Sona Comstar). b For the year ended March 31, 2026, the Holding Company recognised an increme ntal expense of f52.46 crore in respect of employees covered by the relevant provisions of the new labour code, pursuant to the notificat ion issued by the Government of India on November 21, 2025
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4 The Board of the Directors of the Holding Company on October 23, 2024 had approved the sale/ transfer of its division engaged in the business of manufacturing, assembly, sales, servicing, research and development of railway equipmen t products including parts thereto {"RED Business") as a going concern, on a 'slump sale' basis, as defined under Section 2(42C) of the Income-tax Act, 1961, for a lump sum cash cons ideration of, 1,600 Crores (subject to certa in working capital adjustments) without values being assigned to the individual assets and liabilities in such sale/ transfe r, to Sona BLW Precision Forgings Limited (Sona Comsta r). The said business was a reportable segmen t as "Railway equipments'' as per the requirements of Ind AS 108, "Operating Segments" till September 30, 2024. Subsequently, the said business had been disclosed und er discontinued operat ions and previous periods were also reclassified in terms of Ind AS 105 "Non-current assets held for sale and discontinued operations". During the quarte r ended June 30, 2025, the Holding company transferred the RED Business to Sona Comstar upon completion of condi tions precedent as specified in the bus iness transfer agreement (BTA). a Net profit for the period from discontinued operations Particulars Total Income Total expenses Profit before tax Tax expense Profit after tax Profit after tax from sale of RED Business (Refer Note 4b) Net orof lt for the oeriod from discontinued ooeratlons * Includes profit from discontinued operations till May 31, 2025. b Profit after tax from sale of RED busi ness Particulars Adjusted consideration(net of transaction cost) Less: Net Assets transferred Profit before tax Tax exoense Profit after tax from sale of RED business 3 months ended Preceding3 Corresponding 3 months ended months ended In the previous year 30-09-2026 30-06-2026 30-09-2025 :fin Crores For the half year ended For the year ended 30-09-2026 30-09-2025· 31-03-2026· 134.03 134.03 102.94 102.94 31 .09 31.09 7.83 7.83 23.26 23.26 1 004.37 1,004.37 1 027.63 1 027.63 :fin Crores 3 months ended 30-06-2025 1,601.69 429.73 1,171.96 167.59 1 004.37 5 The Board of Directors of the Holding Company, at its meeting held on May 7, 2026, reco mm ended a final dividend of f33 per equity share (face value of f 10 each) for the financial year 2025-26. The said dividend was duly approved by the members of the Holding Com pany at the Annual General Meeting held on July 15, 2026, and was subsequently distributed to the shareholders during the quarter ended September 30, 2026. 6 Previous period figures have been re-grouped/ reclassified wherever necessary , to confo rm to curren t period's class ification and the impact of such re~grouping/ reclassification are not material to the financial results. Place ; Mumbai Date : November 02, 2026 Escorts Kubota Limited APgic::;tprprl ()ffirp ~ 1,1, , MAthllrA Am~rl. FArirlAhArl ~ 1?100 .1, HAryAnA, tnrliA Tel.: +91- 129-22502221 E-mail: corp.secreta rial@esco rtskubota .comIWebs ite:www.esco rtskubota.com Corporate Ident ifi cation Number L74899HR1944PLC039088 For Escorts Kubota Limited NIKHIL NANDA Digitally signed by NIKHIL NANDA Date: 2026. 1 1 .02 13:56:06 t-05'30' Nikhil Nanda (Chairman and Managing Director) (DIN: 00043432)
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Walker Chandiok &_Co LLP Walker Chandiok & Co LLP L 41, Connaught Circus, Outer Circle, New Delhi - 110 001 India T +9111 4500 2219 F +91114278 7071 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Escorts Kubota Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Escorts Kubota Limited 1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of Escorts Kubota Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group'), its associate and joint venture (refer Annexure 1 for the list of subsidiaries, associate and joint venture included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. Chartered Accoll!llants Offices in Ahmedabad. Bengaluru. Chandigarh. Chennai. Dehradun. Goa, Gurugram. Hyderabad. Indore, Koc hi, Kolkata, Mumbai, New Delhi, Noida and Pune Walker Chandiok & Co LLP is registered with limited liability with identification number AAC-2085 and has its registered office at L-41, Connaught Circus, Outer Circle, New Delhi, 110001, India
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Walker Chandiok &_Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Escorts Kubota Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial results of four subsidiaries included in the Statement, whose financial information reflects total assets of { 391.99 crores as at 30 September 2026, and total revenues of { 26.49 crores and { 62.20 crores, total net loss after tax of { 4.89 crores and t 6.65 crores, total comprehensive loss oft 4.90 crores and t 6.65 crores, for the quarter and year-to-date period ended on 30 September 2026, respectively, and net cash outflows of~ 5.90 crores for the period ended 30 September 2026, as considered in the Statement. The Statement also includes the Group's share of net profit after tax of~ Nil and { Nil and total comprehensive income of~ Nil and t Nil for the quarter and year-to-date period ended on 30 September 2026, respectively, as considered in the Statement, in respect of one associate and one joint venture, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose review reports have been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, associate and joint venture is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. 6. The Statement includes the interim financial results of two subsidiaries, which have not been reviewed by their auditors, whose interim financial results reflect total assets oft 8.12 crores as at 30 September 2026, and total revenues of t Nil and t Nil, net profit after tax oft Nil and ~ Nil, total comprehensive income of t Nil and ~ Nil for the quarter and year-to-date period ended 30 September 2026 respectively, net cash inflows oft 1.66 crores for the period ended 30 September 2026 as considered in the Statement. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, are based solely on such unreviewed interim financial results. According to the information and explanations given to us by the management, these interim financial results are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial results certified by the Board of Directors. ndiok & Co LLP untants n No: 001076 0013 No.: 503498 UDIN: '2..G5o 3\.\98 8~A~ ~NI ~52. Place: New Delhi Date: 2 November 2026 Chartered Accountants
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Walker Chandiok ~Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Escorts Kubota Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (Cont'd) Annexure 1 List of entities included in the Statement Subsidiaries: 1. Farmtrac Tractors Europe Sp. Z.o.o 2. Escorts Crop Solutions Limited 3. Invigorated Business Consulting Limited (formerly Escorts Finance Limited) 4. Escorts Kubota Finance Limited 5. Escorts Benefit and Welfare Trust 6. EKL CSR Foundation (formerly Escorts Skill Development) Associate: 1. Escorts Consumer Credit Limited Joint Venture: 1. Adico Escorts Agri Equipment Private Limited Chartered Accountants
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Annexure-II Escorts Kubota Limited Standalone Q2FY27 Profit at f 255.0 Crore • Tractor volumes up by 0.4% at 34,017 units. • Construction Equipment volumes up by 53.9% at 1,764 units. • Standalone highlights from continuing operations o EBIDTA at 7 292.4 crore. o PBT at~ 344. 0 crore. o Net profit at ~ 255. 0 crore. Faridabad, November 02, 2026: Escorts Kubota Limited (EKL) today reported Revenue for the quarter ended September 2026 at t 3,231.4 crore up 16 .3% as against t 2,777.4 crore in corresponding quarter and up by 1.7 % as again st z 3,178.9 Crore in sequent ial quarter. EBIDTA for the quarter came at z 292.4 crore as against z 363 .2 crore in the corresponding quarter and as agains t z 355.4 crore in sequential quarter. I Q2 Highlights I • ... I _____ H_l_H_ig_h_li_g_h_ts ____ ___. Particular Value (YoY) % to revenue (YoY) % to revenu e ) % Growth ) Value ) % Growth ) ~-=--=--=--=--=--=--=--=--=--=--=--=--=--=--=- <----------' <---- ---------' .__ ______ __, ::======T=::=,:=t=~=r==::::::} ___ o_.4_ 0 _1/0-~> 34,017rm!ts ) ) 10.0% ) 70,879 units ) Con:~:::tlon ) 53.9% ) 1,764un;t, ) ) 41.2% ) 3,108 units ) ::=====R=e=v=en=u=e==::::::2 16.3% : ) •· 3,231.4 c,. ) ) 21.9% ) • 6,410.3 c,. ) 2 -19.5'/:0S ,,).._) __ t_2_9_2_.4_c_:•_.o•_,.) > •5.9%,, .. ,).._) __ t _6_4_7_.8_C_~~-·l_,"/o > EBIDTA ~------~ ~===Be=fo=re=EK=:e=!tl=:=na=II=tem=•<:>=====-=2=0=•2=°/4=o==:).._) __ t_3_4_4_•0_c_r•~> ...._) ___ -_1_•3_% _ __,,) • 837 ,9 c,. > •-'"~:::~~---· ) -20.6'/:.,., .),L.) __ t_2_5_5_.o_c_r_;_.9_,) > 2.2% .. ,.,.)-) __ t_6_4_2_._4_c_~_~_.o~%> ~=====N=7R=~=P~=.:=:fi=1 1 =t=::::_,r•>'-----· __ -2_0_._6_°/c_o _ _,.) t 255.0 Cr. ) .L,.) ___ -_6_2_.7_°/c_o_-.J) • 642.4 C,. ) L-----E_P_s _ _ _,} -20.6% ) • 23.18 > > -62.7% ) 't 58.38 > All numbers are Standalone ICr. = crore ) FY= Fiscal Year from April to March I bps=Basis points I YoY = Year on Year I Q = Quarter I H = Half Year I PBT = Profit Before Tax I PAT= Profit After Tax I EPS = Earnings Per Share I Reported =· Inclu ding discontinued operations Escorts Kubota Limited Corporate Centre Registered Office- 15/5, Mathura Road , Faridabad 121 003 , Haryana , India Tel.: +91- 129-2250222 I E-mail: investor.relation@esconskubota.com I Website: www.escortskubo ta.com Corporate Identification Number L74899HRL944PLC039088 Page 1 of 3
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Escorts Kubota Limited Profit before tax came at < 344.0 crore as against < 431.1 crore in corresponding quarter and as against< 493.8 crore in sequential quarter. Net profit after tax came at< 255.0 crore as against net profit of< 321.2 Crore in corresponding quarter and as against < 387.3 crore in the Sequentia l quarter. Standalone. Earnings per share (EPS) for the quarter ended in September 2026 is< 23.18 as against < 29 .19 in corresponding quarter and < 35.20 in sequential quarter . For the first half ended September 2026 for Standalone continuing operations , Revenue came at < 6,410.3 crore up by 21.9% as against< 5,260.8 crore in corresponding period last year. EBIDTA came at< 647.8 crore as against< 688.2 crore in corresponding period last year. Profit before tax and exceptional items came at< 837.9 crore as against< 849.0 crore in corresponding period last year. Net profit before exceptional items came at< 642.4 crore up by 2.2 % as against< 628.7 crore in corresponding period last year. H 1FY26 included one-time gains from the divestment of the RED business and the sale of land and building. Consequently, reported H1FY27 PAT is not directl y comparable with the previous year. Reported standalone PAT for H1FY27 came at< 642.4 crore, as against< 1,721.4 crore in HlFY26. Earnings per share (EPS) for first half ended in September 2026 is< 58.38 as against< 156.48 in corresponding period last year. On Consolida ted basis, for the quarter ended September 2026, Revenue from Continuing operations came at< 3,243.4 crore up 16.2%, as against< 2,791.6 crore in corresponding quarter and up 1. 1 % as against < 3,207.6 crore in sequential quarter. Consolidated Net Profit After Tax from continuing operations came at< 250.2 crore as against< 318.1 Crore in corresponding quarter and as against< 385.9 crore in the Sequential quarter. For the.first half ended September 2026 consolidated revenue came at< 6,451.0 crore up by 21.9 % as against < 5,291.6 crore in corresponding period last year. EBIDTA came at < 642.5 crore as against< 681.1 crore in corresponding period last year. Profit before tax and exceptional items came at < 830.9 crore as against < 841.2 crore in· corresponding period last year. Net profit before exceptional items came at < 636.2 crore up by 2.2 % as against < 622.5 crore in corresponding period last year. H 1FY26 included one-t ime gains from the divestment of the RED business and the sale of land and building. Consequently, reported H1FY27 PAT is not directly comparable with the previous year. Reported consolidated PAT for H1FY27 came at < 636. l crore , as against < 1,715.2 crore in H1FY26. Earnings per share (EPS) for first half ended in September 2026 is< 57.82 as against< 155.92 in corresponding period last year. Commen t ing on the resu lt s , management s a id : "Profitabilit y during the quarter was impacted by elevated commod ity costs and changes in product mix. While cost pressures remained higher than anticipated, we continue to focus on operat ional efficiencies and cost optimization initiatives across the business. Assuming a stab le commodity environment from Q4 onwards, we expec t margins to improve gradually from Q4 and return closer to normal levels in FY28. Our produc t pipeline and innovation road map continue to support our long-term growth ambitions ." Escorts Kubota Limited Corporate Centre Reg istered Office- 15/5, Mathura Road , Faridabad 12 1 003, Haryana, India Tel.: +91- 129-2250222 I E-mail: investo r.relation@escortsk ubota.com I Website: www.escor tskubo ta.com Corporate Identificati on Number L74899HR I 944PLC039088 Page 2 of 3
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Escorts Kubota Limited SEGMENT WISE PERFORMANCE Agri Machinery Products For the quarter ended September 2026, Tractors volumes came at 34,017 units up by 0.4 % as against 33,877 units in correspo nding quarter and down by 7.7 % as against 36,862 units in seque n tial quarter. Segment reven u e came at z 2,690.1 crore in quarter ended September 2026 up by 10.6% as against z 2,432.9 crore in corresponding quarter and down by 2.8% as against z 2,766 .5 crore in sequ ential quarter. EBIT margin for the quarter ended September 2026 came at 7.8 % as against 12 .8% in corresponding quarter and as against 10. 8% in sequential quarter . Margins were adve rsely impacted by commodity cost inflation and product mix. For the h alf year ended September 2026, Tractors volume came at 70,879 u nits up by 10.0 % as against 64,458 units in corresponding period last year. Segmen t revenue came at z 5,456.5 crore up by 18.3 % as against z 4 ,6 14.3 crore in the previous year. The EBIT margin for firs t half ended Septembe r 2026 came at 9 .3% as against 12.7 % in corresponding perio d last year. Construction Equipment For the quarter ended September 2026, Constr u ction Equipment's sales volume was at 1,764 units up by 53.9% as against 1,146 units in corresponding quarter and up by 31.3 % as against 1,344 units in sequential quarter. Segment revenue came at z 536.2 crore up by 58.6% as against z 338.1 crore in corres pond ing quarter and up by 27.8% as against z 419.6 crore in seque n tial quarter. EBIT margin for the quarter came at 7.9% up by 411 bps as against 3.8% in corresponding quarter and up by 250 bps as against 5.4% in sequent ial quarter, main ly benefitting from operating leverage. For the half year ended September 2026, construct ion equi pment volumes came at 3, 108 unit s up by 41.2 % as against' 2,20 1 units in corresponding period last year. Segment revenue came at z 955.8 crore up by 49.4% as against z 639.6 crore in corresponding period last year . EBIT margin for the first half ended September 2026 came at 6.8% up by 206 bps as against 4.7 % in corresponding period last year. The reviewed accounts of the second quarter and first six months ended 30th September 2026 have been approved by the Board of Directors o[Escorts Kubota Limited . For further information, k indly contact: Bharat Madan Whole Time Director & Chief Financial Officer E-mail: b harat. madan@escortskub ota.com Escorts Kubota Limited Corporate Centre Registered Office- 15/5, Mathura Road, Faridabad 12 1 003, Haryana, India Tel.: +91- 129-2250222 I E-mail: investor.relation@esco n skubota.com I Website: www.esconskubola.com Corporate Identificat ion Number L 74899HR I 944PLC039088 Page 3 of 3