Escorts’ Q3 Profit at Rs. 35.7 crore
Escorts Limited today reported a net profit of Rs. 35.7 crore in the third quarter ended December 31, 2014. The third quarter saw an increase of 5.4% in turnover to Rs. 1,046 crore against Rs. 992.6 crore in the preceding quarter. EBIDTA was sequentially up by 46.1% at Rs. 49.0 Cr. in the quarter ended December 2014 as against Rs. 33.5 Cr. in the quarter ended September 2014.
Escorts launches India’s First Anti Lift Tractor
Escorts has brought in a series of innovations to redefine the tractor market. Their Powertrac Euro series has created new standards in aesthetics & comfort. Through XP Engine Series, Escorts has created benchmarks in fuel efficiency. Now Escorts is launching a new category of tractors called “ANTI LIFT TRACTORS”.
Namibian Government Procures 28 Farmtrac Tractors
Escorts Limited is the first tractor manufacturing company from India to have supplied Farmtrac tractors along with farm equipment to Republic of Namibia in recent past. The first consignment of 28 tractors arrived at site which was then decided by Government of Namibia that this first consignment is to be meant for economic empowerment of esteemed war
Escorts showcases European 4X4 Farmtrac Heritage Series at Agrotech
Escorts is one of the leading tractor manufacturers that has redefined farm mechanization with path breaking technology innovations. The company recently showcased the European version of its world-class new Farmtrac 6050 4x4, a part of Heritage tractor series which offers safe haulage operations even in extreme conditions with extra power, style and comfort.
Escorts Introduces Next Generation “XP Series” Engine
Escorts is one of the leading tractor manufacturers that has redefined farm mechanization with path breaking technology innovations. The most recent ones being the Executive & Euro Series and Ferarri launches which set a new benchmark for comfort, aesthetics and performance has introduced the next generation “XP Series” Engine in the market.
Escorts’ H1 Profit at Rs. 26.3 Crore
Escorts Limited reported a net profit of Rs 26.3 crore in first half ending September 30, 2014. The first half saw a flat turnover of Rs 2,121.7 crore as against Rs 2,120.2 crore in the corresponding half year ending September 2013. EBIDTA was at Rs 90.4 crore in the first half of the year as against Rs 157.2 crore in the first half of the previous fiscal.
Escorts launches most Powerful & Fuel Efficient Tractors in Bangladesh
Escorts recently announced the launch of its two new series of tractors in Bangladesh, the most powerful offerings in their respective categories. While the new FARMTRAC 6060 – Heritage series in 60HP segment is positioned in the high-end premium tractor category, the new POWERTRAC Diesel-Saver Plus 4455 Euro series is available in 55 HP range. It is placed in the mid-size, popular segment.
Escorts Ranked 3rd Fastest Growing Company in India by Business World
Business World magazine recently recognised Escorts Limited as the third fastest growing company in India. In the category of Middleweights, Escorts was ranked high due to its impressive sales growth and CAGR.
Escorts’ Q1 Sequential Profit up at Rs. 34.1 Crore
Escorts Limited reported an increase in net profit from Rs 31.8 crore in the previous quarter to Rs 34.1 crore in the quarter ending June 30, 2014. The company recorded an increase of 14.7% in tractor volumes from 15,556 tractors in the previous quarter ended March 31, 2014 to 17,849 tractors in the first Quarter of fiscal 2014-2015.
Escorts brings Farmtrac Heritage Series to South Africa
Escorts Limited announced the launch of its most effective Farmtrac Heritage range at South Africa’s biggest agriculture show, NAMPO 2014. The Heritage range, after receiving tremendous response in last year’s “Agritechnica” at Hanover (Europe), is now being introduced in South Africa.
Dare to Imagine, Dare to Dream, Dare to think Differently
New Delhi, April 8, 2014: Escorts Limited, India’s leading tractor manufacturer, yesterday hosted Bharat Ratna Dr. APJ Abdul Kalam, former President of India, at its corporate office in Faridabad. Dr. Kalam addressed and interacted with the employees and also visited the Engine Test Laboratory at the Escorts’ Knowledge Management Centre.
EEPC Excellence Award for Auto Exports
For the third year in a row, Escorts has been chosen for the prestigious EEPC India National Awards for Export Excellence. The company has been lauded as the Star Performer for the year 2012-13 in the Product Group of Two/Three Wheeler and Parts, Large Enterprise.
Rural Marketing honours for Crop Solutions
Mr. Rajan Aggarwal, Head – Crop Solutions & Applications, Escorts Agri Machinery, has been adjudged amongst “25 Most Talented Rural Marketing Professionals of India” by the Chief Marketing Officer Council, Asia.
Escorts Q5 Profit up Over 62% at Rs. 45.6 Crore
Escorts Limited today reported an increase in net profit of 62% from Rs 28.1 crore last year to Rs. 45.6 crore in the fifth quarter of its extended financial year. The company reported a 118% growth in profit to Rs. 213.1 crore for the 15-month ended 31st December 2013 as against Rs. 97.7 crore in the same period last year.
Escorts adds Glamour & Comfort to its new Farmtrac Executive Series
Chandigarh, December 17, 2013: Escorts Limited, India’s leading tractor manufacturer, today announced the launch of its new premium tractor series - The All-New FARMTRAC ‘Executive’ Series, country’s most stylish looking tractors.