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.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.