Escorts Kubota has reported results for second quarter ended September 30, 2022.
The company has reported a fall of 50.40% in its net profit at Rs 87.66 crore for the quarter under review as compared to Rs 176.72 crore for the same quarter in the previous year. However, total income of the company increased by 13.61% at Rs 1961.04 crore for Q2FY23 as compared Rs 1726.12 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 43.04% in its net profit at Rs 98.80 crore for the quarter under review as compared to Rs 173.47 crore for the same quarter in the previous year. However, total income of the company increased by 13.19% at Rs 1968.85 crore for Q2FY23 as compared Rs 1739.36 crore for the corresponding quarter previous year.
