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28-Jul2017

Escorts reports 33% jump in Q1 net profit

Escorts has reported results for first quarter ended June 30, 2017.

The company has reported 33.39% jump in its net profit at Rs 62.64 crore for the quarter under review as compared to Rs 46.96 crore for the same quarter in the previous year. Total income of the company increased 11.85% at Rs 1183.65 crore for Q1FY18 as compared to Rs 1058.25 crore for the corresponding quarter previous year.

Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.



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