Escorts Kubota Q2 Profit Falls to ₹250 Crore
Escorts Kubota reported a fall in second-quarter profit as rising commodity costs and an unfavourable product mix squeezed tractor margins, outweighing strong construction equipment sales.
Escorts Kubota reported a 21.4 per cent fall in second-quarter profit on Monday, as rising commodity costs and an unfavourable product mix squeezed margins in its tractor business, outweighing strong construction equipment sales.The tractor and construction equipment maker’s consolidated net pr…