ESCORTS

April 3 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TO INCREASE TRACTOR PRICES EX-KUBOTA BRAND EFFECTIVE APRIL 15, 2026

Source text: ID:nBSE3XQlcr

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

April 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TRACTOR VOLUME GREW BY 6.6% IN MARCH 2026

• TRACTOR VOLUME GREW BY 6.6% IN MARCH 2026

• ESCORTS KUBOTA - AGRI MACHINERY BUSINESS IN MARCH 2026 SOLD 12,119 TRACTORS

• ESCORTS KUBOTA - EVOLVING GEOPOLITICAL SITUATION POSES INTERMITTENT SUPPLY-SIDE RISKS

Source text: ID:nBSE3zw4lf

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

March 27 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TAX DEPARTMENT DROPS TAX DEMAND OF 467.9 MILLION RUPEES FOR FY 2019-20

Source text: ID:nBSE4HqsZ9

Further company coverage: ESCO.NS

((Reutersbriefs@thomsonreuters.com;))

Feb 10 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TO BUY LAND IN UTTAR PRADESH TO SET UP GREENFIELD PROJECT FOR CONSTRUCTION OF PLANT

Source text: ID:nBSEv2436

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Escorts Kubota ESCO.NS rise 3.08% to 3,850 rupees, highest in a month

** Tractor maker's total sales grow 38.5% Y/Y in December 2025

** Domestic tractor sales rise 36.1% Y/Y while exports jump 64.3%

** Stock rated "hold" on avg; median PT 3,800 rupees - data compiled by LSEG

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))

Dec 30 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TAX DEMAND OF 17.6 MILLION RUPEES CONFIRMED WITH INTEREST AND PENALTY

Source text: ID:nBSE7F65V3

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Escorts Kubota ESCO.NS rise 2.6% to 3,537.10 rupees

** Tractor maker's total sales grow 47.6% Y/Y in September to 18,267 units

** Domestic tractor sales jump 48.5% Y/Y and exports rise 17.5% Y/Y

** ESCO says tractor industry growth in September driven by favourable rural conditions, above normal well distributed monsoon rains, improved water reservoir levels, and early festive season

** ESCO up over 6% YTD

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

** India's Escorts Kubota ESCO.NS rises 2.79% to 3763.7 rupees

** Construction equipment manufacturer introduces new paddy harvester that can convert residual stalk into a profitable alternative for farmers over stubble burning

** The machine, which weighs 2700 kg, compared to 9000 kg traditional harvesters, can reduce pollution caused by stubble burning in India, co says

** YTD, ESCO up ~13%

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))

Sept 17 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - INTRODUCES NEW COMBINE HARVESTER IN PUNJAB & HARYANA

Source text: ID:nBSE1fl0L5

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Escorts Kubota ESCO.NS up 3.8% at 3410.5 rupees

** Indian tractor maker's Q1 net profit from cont ops rose 40% to 3.73 bln rupees ($42.6 mln), as lower expenses outpaced weak demand for its construction equipment

** Stock set to snap three sessions of losses; on track to rise most in a session since June 18

** More than 500,000 shares traded, 5.3x its 30-day moving avg

** Avg rating of 16 analysts is "hold", median PT is 3370 rupees, ~1.2% lower than current price - data compiled by LSEG

** YTD, ESCO up 2.2%

($1 = 87.5900 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

July 17 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• SEIJI FUKUOKA RESIGNS AS DEPUTY MANAGING DIRECTOR

Source text: ID:nBSE4kxXbw

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

July 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD- TRACTOR VOLUME GREW BY 2.2% IN JUNE 2025

Source text: ID:nBSEbvZkk2

Further company coverage: ESCO.NS

((reuters.briefs@thomsonreuters.com;))

May 8 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• DIVIDEND 18 RUPEES PER SHARE

• Q4 NET PROFIT FROM CONTINUING OPERATIONS 2.51 BILLION RUPEES

• Q4 REVENUE FROM OPERATIONS 24.3 BILLION RUPEES

Source text: ID:nBSE9x1slL

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of Indian tractor maker Escorts Kubota ESCO.NS down 3.3% at 3,193 rupees

** Of 17 analysts covering ESCO, four downgraded the co's stock rating and three cut TPs - according to data compiled by LSEG

GROWTH, MARKET SHARE WOES AMID RICH VALUATIONS

** Ambit Capital ("sell", TP: 3349 rupees): Weak performance in tractor business makes the co a laggard in the industry, in terms of growth

** Co's journey to increase exports 2-3x, market share to 18% (from current ~12%) may be long-drawn - Ambit

** Asian Markets Securities (AMSEC) ("sell", TP: 2,900 rupees): Co plans to introduce Uber-like model for tractors to make it more affordable for small farmers

** While co may be planning a strong transformative strategy to assist its mid- to long-term growth, current valuations seem rich to justify the near-term growth - AMSEC

** BOB Capital Markets ("sell", raises TP to 2,533 rupees from 2,426 rupees) expects performance at co's other segment - construction equipment - to improve, says tractor business to continue facing hurdles on intense competition-led discounts

(Reporting by Hritam Mukherjee in Bengaluru)

((Hritam.Mukherjee@thomsonreuters.com;))

Feb 10 (Reuters) - Sona BLW Precision Forgings Ltd SONB.NS:

• APPROVES AMENDMENT TO BTA WITH ESCORTS KUBOTA FOR RED ACQUISITION

• APPROVES PURCHASE OF 33,423 SQ YARDS LAND FROM ESCORTS KUBOTA

• LAND PURCHASE FOR 1.10 BILLION RUPEES IN FARIDABAD

Source text: ID:nNSE6r01y9

Further company coverage: SONB.NS

((Reuters.Briefs@thomsonreuters.com;;))

Feb 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - SOLD 6,669 TRACTORS IN JANUARY 2025

Source text: ID:nNSE3Y29QJ

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

Jan 14 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• TAX IMPLICATION REDUCED BY 8.4 MILLION RUPEES AFTER COURT ORDER

Source text: ID:nBSE9pJnNs

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

Jan 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• SOLD 5,472 TRACTORS IN DECEMBER 2024

Source text: ID:nBSE3zHKDM

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;;))

** Shares of Escorts Kubota Ltd ESCO.NS rise as much as 4.4% to 3,663.15 rupees

** The tractor maker says its unit intends to start a non-banking financial institution business without accepting public deposits from Nov. 26

** The mean rating of 17 brokerages rating the stock is "hold"; their median PT is 3,451 rupees - LSEG data

** ESCO last up 4%, adding to YTD gains of 22.3%

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

Nov 7 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA Q2 NET PROFIT 3.27 BILLION RUPEES

• ESCORTS KUBOTA Q2 REVENUE FROM OPERATIONS 24.76 BILLION RUPEES

Source text: ID:nBSE6F3NSG

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

Nov 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA - TRACTOR VOLUME GREW BY 19.8% Y/Y IN OCTOBER 2024

Source text: ID:nBSE340sMM

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Escorts Kubota ESCO.NS rise 3.3% to 3,983 rupees

** Brokerage Emkay Research upgrades ESCO to 'buy' from 'add', with a revised TP of 4,700 per share (previous: 4,450 rupees), an upside of 21.91% to last close

** Says, tractor market expected to enter an upcycle from H2 FY25 on healthy monsoon

** Adds, a 5% shift in Kubota's 6326.T global sourcing to India could create a ~$500 mln opportunity for ESCO

** Analysts rate ESCO a "sell" on avg; median PT is 3,548 rupees - LSEG data

** ESCO up 33% YTD

(Reporting by Yagnoseni Das in Bengaluru)

((Yagnoseni.Das@thomsonreuters.com;))

Sept 26 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - RBI GRANTS CERTIFICATE OF REGISTRATION TO UNIT ESCORTS KUBOTA FINANCE

• ESCORTS KUBOTA LTD - UNIT GETS COR TO START BUSINESS OF NON-BANKING FINANCIAL INSTITUTION

Source text for Eikon: ID:nBSE78bCDb

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

Sept 2 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - SOLD 5,614 TRACTORS IN AUGUST 2024

• ESCORTS KUBOTA - ESCORTS KUBOTA SOLD 5,614 TRACTORS IN AUGUST 2024

• ESCORTS KUBOTA LTD - ANTICIPATE DEMAND TO ACCELERATE IN COMING FESTIVE MONTHS

Further company coverage: ESCO.NS

((reuters.briefs@thomsonreuters.com;))

Aug 16 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• INVESTMENT INTENT SUBMITTED TO UTTAR PRADESH GOVERNMENT TO ACQUIRE LAND

• LAND INTENDED TO SET UP INTEGRATED GREENFIELD MANUFACTURING FACILITY

• ESTIMATED DIRECT, INDIRECT INVESTMENT OF ABOUT 45 BILLION RUPEES TO BE DONE IN PHASES

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of Escorts Kubota ESCO.NS down 5.5% at 3,927 rupees; biggest intra-day fall since April 2022

** Co on Thursday reported slowest profit growth in five quarters, 2% rev decline

** Merger with Kubota is facing hurdles from product

development and quality improvement issues for the exports - PhillipCapital

** Stock among top losers in mid-cap index .NIFTYMDCP100, which is down 0.6% for day

** ESCO up 31% YTD vs 26% gains in mid-cap index

(Reporting by Sethuraman NR in Bengaluru)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

Aug 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - TRACTOR VOLUME GREW BY 3.6% IN JULY 2024

Source text for Eikon: [ID:]

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

July 1 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• ESCORTS KUBOTA LTD - ESCORTS KUBOTA LIMITED SOLD 9,593 TRACTORS IN JUNE 2024

• ESCORTS KUBOTA LTD- ANTICIPATE DEMAND TO IMPROVE IN COMING MONTHS

Source text for Eikon: ID:nBSE97v0gY

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

June 19 (Reuters) - Escorts Kubota Ltd ESCO.NS:

• COMPANY HAS WITHDRAWN EXPRESSION OF INTEREST FOR PROPOSED ACQUISITION OF LAND IN GHILOTH, RAJASTHAN

• WITHDRAWAL AS LOCATION DOES NOT MEET ALL KEY REQUIREMENTS FOR A LARGE SCALE PROJECT BEING PLANNED

• CONTINUES TO EXPLORE ALTERNATE OPTIONS WITH OTHER STATE(S)INCLUDING RAJASTHAN

Further company coverage: ESCO.NS

((Reuters.Briefs@thomsonreuters.com;))

** Shares of tractor maker Escorts Kubota ESCO.NS up 2% at 3,513 rupees

** Co reported 30.5% rise in Q4 profit despite revenue declining 4.6% as costs also eased

** Year-ago profit was also impacted by a one-time charge of 244 mln rupees

** Nuvama says outlook for FY24–26 is positive for agri, railways and construction equipment segments; agri growth likely to turn around in FY25 due to normal monsoon and benign government policies

** Estimates EBITDA margin to grow to 14.3% and 15% in FY26 and FY28 from 13.3% in FY24

** Phillip Capital flags multiple headwinds for tractors, including lower water reservoir levels, lower haulage activity due to elections

** VST Tillers Tractors VST.NS down 4.4% at 3,271.85 rupees on a decline in Q4 profit, rev

** Avg recommendation on ESCO is a 'hold' while VST is rated 'buy' - LSEG

** ESCO up 18.4% YTD, VST.NS down 13% vs Nifty auto index's .NIFTYAUTO 22.6% rise

(Reporting by Rama Venkat and Sethuraman NR in Bengaluru)

((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))