Escorts Kubota has reported results for first quarter ended June 30, 2022.
The company has reported fall of 20.38% in its net profit at Rs 147.45 crore for the quarter under review as compared to Rs 185.20 crore for the same quarter in the previous year. However, total income of the company increased by 19.29% at Rs 2050.29 crore for Q1FY23 as compared Rs 1718.71 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 21.22% in its net profit at Rs 140.59 crore for the quarter under review as compared to Rs 178.45 crore for the same quarter in the previous year. However, total income of the company increased by 18.11% at Rs 2067.58 crore for Q1FY23 as compared Rs 1750.61 crore for the corresponding quarter previous year.