Q1-FY26 · Bharat Madan
Our midterm business target for next four five years is to take it to about 15% level.
Escorts Kubota · tone and specificity signals across the available quarters.
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Our midterm business target for next four five years is to take it to about 15% level.
The industry swing has actually impacted severely the market share of EKL. The contribution of the EL stronger markets to a very large extent has come down by about five six%.
We expect we should be able to close it. So I don't know whether this calendar year but definitely within this fiscal year the acquisition should get completed.
Currently we are looking at a mid-single-digit growth for the current financial year. So that is our current take as of now.
We have faced close to about 5% cost impact on the tractor business side and more or less 1% of that is coming because of this minimum wages for the contractor labor. So if you remove that impact, industry level may still be about 400 basis point increase which has happened on the commodity side.
The scope for further buyback is very limited. You can't go beyond 5% if you want to continue to be listed. So yes, possibilities definitely exist but this is one of our capital allocation strategies going forward.
Operating revenue from continuing operation as 3,261.4 crores up by 11.1% YITA at 438.7 K up by 30.9% YI highest ever quarterly IBITA.
The Promax series continue gain traction with the order inflow now exceeding current supply level and we are scaling up our production to meet this demand.
So the idea is to expand the margin by localizing those product and and they're working on the quality and and other aspects you know which which can really be suitable for the uh you know putting the brand uh kota brand on those products.