Analysts lift targets on Escorts Kubota after 40% profit surge in Q1


Escorts Kubota Share Price Targets, Escorts Kubota Q1 ResultsShares of Escorts Kubota are in focus after the company posted a strong 40 per cent year-on-year rise in consolidated profit for Q1FY26, even as revenues saw a marginal decline.

After this development, several global brokerages have responded positively to the results, raising their target prices while maintaining varied recommendations on the stock.

Escorts Kubota Q1FY26 earnings highlights

The farm and construction equipment manufacturer reported a consolidated profit after tax (PAT) of Rs 369.5 crore for the quarter ended June 30, 2025, up from Rs 264.4 crore in the same period last year, a 40 per cent jump. However, consolidated revenue from continuing operations came in at Rs 2,500.1 crore, a 2.9 per cent decline from Rs 2,573.7 crore in Q1FY25.

Following the company’s Q1 earnings, know what analysts at global brokerages suggest:

JPMorgan has maintained an ‘underweight’ rating on the stock but raised its target price to Rs 2,940 from Rs 2,800. CLSA, on the other hand, has reiterated an ‘accumulate’ stance and increased the target price to Rs 4,000 from Rs 3,860.

Meanwhile, Macquarie maintained an ‘outperform’ rating with a target price of Rs 3,634, citing strong export momentum, new product launches, and expectations of market share gains in the second half of the fiscal year.

(Disclaimer: The views/suggestions/recommendations expressed here in this article are solely by investment experts. Zee Business suggests its readers consult their investment advisers before making any financial decision.)



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *