Escorts Kubota falls despite reporting 7% rise in Q3 consolidated net profit
Escorts Kubota is currently trading at Rs. 3163.95, down by 141.50 points or 4.28% from its previous closing of Rs. 3305.45 on the BSE.
The scrip opened at Rs. 3199.95 and has touched a high and low of Rs. 3243.00 and Rs. 3130.00 respectively. So far 11203 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4422.00 on 27-Sep-2024 and a 52 week low of Rs. 2670.75 on 18-Mar-2024.
Last one week high and low of the scrip stood at Rs. 3378.15 and Rs. 3130.00 respectively. The current market cap of the company is Rs. 35201.22 crore.
The promoters holding in the company stood at 68.04%, while Institutions and Non-Institutions held 16.09% and 15.87% respectively.
Escorts Kubota has reported 8.50% rise in its net profit at Rs 323.20 crore for Q3FY25 as compared to Rs 297.88 crore for the same quarter in the previous year. Total income of the company increased by 8.47% at Rs 3044.61 crore for Q3FY25 as compared to Rs 2806.74 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 7.41% rise in its net profit at Rs 320.63 crore for the quarter ended December 31, 2024 as compared to Rs 298.52 crore for the same quarter in the previous year. Total income of the company increased by 8.12% at Rs 3057.89 crore for Q3FY25 as compared to Rs 2828.12 crore for the corresponding quarter previous year.
