Escorts Kubota Reports Strong Q3 FY26 Results, Declares ₹18 Special Dividend
Escorts Kubota delivered robust Q3 FY26 performance with revenue of ₹3,261.35 crore and net profit of ₹362.35 crore, representing strong year-over-year growth. The company declared a special dividend of ₹18 per share and approved major expansion plans including a ₹593 crore investment for new manufacturing capacity in Uttar Pradesh.
*this image is generated using AI for illustrative purposes only.
Escorts Kubota has delivered robust financial performance for the third quarter ended December 31, 2025, reporting a net profit of ₹362.35 crore alongside significant corporate developments announced during its board meeting held on February 10, 2026.
Financial Performance Highlights
The company demonstrated strong operational performance across key metrics during the quarter:
| Metric: | Q3 FY26 | Q2 FY26 | Q3 FY25 | Change (YoY) |
|---|---|---|---|---|
| Revenue from Operations: | ₹3,261.35 crore | ₹2,777.42 crore | ₹2,935.43 crore | +11.10% |
| Net Profit: | ₹362.35 crore | ₹321.18 crore | ₹290.47 crore | +24.74% |
| Total Income: | ₹3,415.07 crore | ₹2,911.03 crore | ₹3,044.61 crore | +12.17% |
| Basic EPS: | ₹32.93 | ₹29.19 | ₹26.41 | +24.69% |
Segment-wise Performance
The agri machinery segment continued to drive growth, contributing ₹2,769.56 crore in revenue compared to ₹2,416.60 crore in the corresponding quarter last year. Construction equipment segment generated ₹489.89 crore in revenue, though this was lower than ₹515.66 crore in Q3 FY25.
Special Dividend Declaration
The board declared a special dividend of ₹18 per fully paid-up equity share of ₹10 each for FY 2025-26. The record date for dividend payment has been set as February 16, 2026, with payment to be completed within 30 days.
Leadership Changes
Two new directors from Kubota Corporation were appointed as Additional Directors:
| Position: | Details |
|---|---|
| Mr. Hitoshi Sasaki: | Managing Executive Officer, Chief Business Planning Officer, Kubota Corporation |
| Mr. Satoshi Suzuki: | Managing Executive Officer, General Manager Farm & Groundcare Equipment Division |
| Category: | Non-Executive Nominee Directors |
| Tenure: | Until next AGM or 3 months, whichever is earlier |
Major Expansion Initiative
The company approved a significant investment for capacity expansion:
| Parameter: | Details |
|---|---|
| Land Investment: | Up to ₹593 crore |
| Location: | YEIDA Industrial Area, Sector-10, Gautam Buddha Nagar, UP |
| Proposed Capacity: | 60,000 tractors + 15,000 construction equipment units annually |
| Timeline: | Within 7 years from land allotment |
| Total Project Cost: | ₹2,268 crore (indicative) |
Exceptional Items Impact
The company recognized an exceptional expense of ₹52.46 crore related to new labour code implementation notified by the Government of India on November 21, 2025. This primarily arose from revised wage definitions under the new labour regulations.
Nine-Month Performance
For the nine months ended December 31, 2025, the company reported exceptional performance with net profit of ₹2,083.77 crore, which included ₹1,027.63 crore from discontinued operations, primarily from the sale of its Railway Equipment Division to Sona Comstar.
Historical Stock Returns for Escorts Kubota
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.93% | -2.86% | -0.64% | -3.88% | +12.00% | +171.59% |
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