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New Delhi, July 28, 2017: Escorts Limited today reported an increase in net profit by 33.4% at ` 62.6 crore in the quarter ending June 2017 against ` 47 crore in quarter ended June 2016 and up by 5.3% as against the sequential quarter.

Turnover increased sequentially by 11.4% to ` 1,163.2 crore in quarter ending June 2017 against ` 1,043.9 crore in quarter ended March 2017 and correspondingly up by 11% against ` 1,048.0 crore in quarter ended June 2016.

For more information, read the complete Press Release.




New Delhi, May 29, 2017: Escorts Limited today reported a profit of ` 160.4 crore in year ended March’17 up by 91.6 percent as against a profit of ` 83.2 crore in the previous fiscal.

In year ended March’17, Tractor sales were up by 24 percent at 63,786 tractors as against 51,455 tractors in the previous fiscal. Construction equipment volume went up by 29.6 percent at 3,315 units as against 2,555 units in the previous fiscal.

For more information, read the complete Press Release.




Escorts looks at Human Resource for continued growth

Inducts Amanppreet Singh Bhatia as new Group HR Head

New Delhi, April 20, 2017 : Escorts Ltd., leading Agriculture & Infrastructure Solutions manufacturer, has appointed Amanppreet Singh Bhatia as the new Group HR Head.

Amanppreet has more than 25 years of experience across commercial vehicle & engineering solutions, consumer durable and FMCG space. At Escorts, he will focus on organizational transformation and Human Resource strategic roadmap to build a strong employer brand.

About Escorts Limited

The ESCORTS GROUP is among India's leading engineering conglomerates operating in high growth sectors of Agri Machinery, Material Handling & Construction Equipment and Railway Equipment. The Group has earned the trust of over 5 Million customers by way of product and process innovations over six decades of its existence. Escorts endeavors to transform lives in rural and urban India by leading the revolution in agriculture mechanization, modernization of automotive & railway technology and transformation of Indian construction.

For further information kindly contact:


Sharad Gupta
Group Head, Corporate Communications, Escorts Limited
sharad.gupta@escorts.co.in

Rajat Gupta
Torque Communications Pvt ltd
9953500503
rajat@torquemail.com




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.



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