2 months, 1 week ago
₹3000 stock declares ₹10 per share dividend. Record date fixed on THIS date
Tractor manufacturing company Escorts Kubota will trade ex-date and record date on February 14, 2025. Previously, the company declared a 100 per cent dividend per share for the financial year 2024-25. Escorts Kubota share price witnessed a 5 per cent decline on Tuesday's trading session, February 11, following the company's weak earnings report and a pessimistic outlook. Escorts Kubota's Q3 FY25 results Escorts Kubota posted a 9 per cent increase in third-quarter profit, reaching ₹323 crore, up from ₹298 crore in the same period last year, aligning with the projected ₹324 crore. The management noted that festive season discounts put pressure on margins, while higher commodity prices further reduced profitability by 0.5 per cent in Q3.
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