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New Delhi, November 9, 2016: Escorts Ltd, India’s leading tractor manufacturer, today announced the launch of new range of FT 6080 Pro and FT 6090 Pro Farmtrac tractors in 80 & 90 HP category simultaneously in Italy and Mexico at EIMA, International Exposition of Machinery for Agriculture and Gardening, Bologna, and at Expo Agroalimentaria Guanajuato, Irapuato, respectively. Aligned to Farmtrac pedigree of classic, simple and efficient farm machines, these new Escorts tractors are technology marvel with value for money for farmers worldwide.

For more information, read the complete Press Release.




New Delhi, October 18, 2016: Escorts Limited today announced the appointment of Ajay Mandahr as the new Chief Executive Officer of its Construction Equipment Business. Mr Mandahr brings 26 years of experience in construction equipment, material handling and manufacturing industry.

For more information, read the complete Press Release.




New Delhi, 11 August, 2016: Escorts Ltd today announced the divestment of its OEM & Export business of Auto Product division to Badve Engineering Ltd., Pune in an all cash deal as a part of the planned strategic reorientation of the business to focus on core verticals in the Agri-Machinery, Construction equipment and Railway equipment.

For more information, read the complete Press Release.




New Delhi, July 28, 2016: Escorts Limited today reported an increase in net profit by 33.5% at Rs 47 crore in the quarter ending June 2016 against Rs 35.2 crore in quarter ended June 2015.

Escorts turnover increased correspondingly by 9.3% to Rs 1051.4 crore in quarter ending June 2016 against Rs 961.4 crore in quarter ended June 2015.



For more information, read the complete Press Release.




Escorts Limited, one of India’s leading tractor manufacturers, today unveiled their global ambitions with launch of 13 new tractors in 12HP to 110HP range under flagship brands Farmtrac, Powertrac, and Euroline Series to cater specifically to the world market. This heralds the foray of the engineering conglomerate in newer and extreme horse power range of 12HP to 110HP to address global competition in overseas markets by designing, developing and making in India.



For more information, read the complete Press Release.




New Delhi, May 25, 2016: Escorts Limited today reported an increase in net profit of 19.6 % at Rs. 89.4 crore in the fiscal year March 31, 2016 as against Rs. 74.7 crore in the previous fiscal. For the quarter ending March 2016, net profit was up by 28.7 % at Rs. 16.4 crore as against Rs. 12.8 crore in the corresponding quarter in the previous fiscal.



For more information, read the complete Press Release.




Escorts Limited today announced the appointment of Mr Ravi A Menon as Chief Executive Officer of its Agri Machinery business. Mr Menon takes over from Mr S Sridhar who would now move to head Escorts Construction Equipment (ECE).

Mr Menon has been credited for shaping the development cultures of some of the most influential and valuable companies and brings over three decades of experience in marketing, sales, branding, international markets and production from industries as varied as tractor, cement and industrial products. Mr Sridhar will focus on transforming and building organizational energy at ECE to leverage emerging business opportunities.



For more information, read the complete Press Release.




New Delhi, November 2, 2015: Escorts Limited today reported a profit of ₹16.2 crore in the quarter ending September 30, 2015 as against a loss of ₹ 7.9 crore in the corresponding quarter in the previous fiscal. The net profit for the half year ending September 2015 was up by 100 per cent at ₹ 52.5 crore as against ₹ 26.3 crore in the corresponding period last year.



For more information on the partnership, read the complete Press Release.




Strengthens position and network in collaboration with TATA International

New Delhi, August 27, 2015: Escorts Limited, along with Tata International, its Cambodian business partners for tractors, recently launched their exclusive Farmtrac showroom in Kampong Thom Province, Cambodia. This is the latest showroom after their benchmarked exclusive set up in Phnom Penh and many other franchise sales & service points across the nation. With state-of-art farm technology, impressive features, and stunning looks, Farmtrac tractor being retailed from these state-of-art showrooms are now set to revolutionize the retailing format in Cambodian tractor market.



For more information on the partnership, read the complete Press Release.




New Delhi, August 6, 2015: Escorts Limited today reported an increase in net profit by 184% from ₹ 12.8 crore in the previous quarter (ended March 2015) to ₹ 36.3 crore in the first quarter of the current fiscal ending June 30, 2015. Profits were up by 6.3 per cent from ₹ 34.1 crore in the corresponding quarter

The company recorded a sequential increase in tractor volumes of 35% to 14,887 tractors in the first quarter of the current fiscal as against 11,036 tractors in the preceding quarter. However, as compared to the corresponding quarter, tractor volumes were down by 16.6% due to decline in the industry.

The turnover was sequentially up by 19.6 per cent to ₹ 977.7 crore as against ₹ 817.7 crore in the preceding quarter. However, year-on-year performance showed a decline with revenue lower by 13.4% from the corresponding quarter in the previous fiscal.



For more information on the partnership, read the complete Press Release.



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