Escorts Kubota has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported over 2-fold jump in its net profit at Rs 235.00 crore for the quarter under review as compared to Rs 87.66 crore for the same quarter in the previous year. Total income of the company increased by 9.19% at Rs 2141.18 crore for Q2FY24 as compared to Rs 1961.04 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 223.29 crore for Q2FY24 as compared to Rs 98.80 crore for the same quarter in the previous year. Total income of the company increased by 9.42% at Rs 2154.39 crore for Q2FY24 as compared to Rs 1968.85 crore for the corresponding quarter previous year.
