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Escorts Group News

Escorts Tractor Awarded in Poland Agri Fair

Escorts Agri Machinery participated in the AgroTech Agricultural Fair 2012 in Kielce, Poland, in a bid to exhibit its latest offerings and reach out to the international market. Organized annually by Kielce Trade Fairs, AgroTech showcases the latest products, services and trends in the global agriculture industry.

Escorts First Quarter Net Profit at 10.86 crore

New Delhi, February 2, 2012: Escorts Limited today reported a Net Profit of 10.86 crore for the first quarter of the 2011-12 financial year ending December 31, 2011. Net sales increased 7.8% sequentially to 823 crore on account of a sequential increase of 9.2% in tractor sales. Escorts Limited follows an October-September fiscal year and the reported quarter is the first quarter of fiscal 2011-12.

Suzuki honours EAP with Best Supplier Award

Escorts Auto Products won the ‘Best Supplier for Development in Suspension’ Award from Suzuki Motorcycle India Pvt. Ltd. The recognition came for the development of the front fork and rear shock-absorber for the recently launched Suzuki motorbike, ‘Suzuki Hayate’.

Escorts Limited Signs Agreement with Honeywell for Railway Brake Systems

New Delhi, December 21, 2011:Escorts Limited, a leading manufacturer of critical railway components, has entered into an exclusive License and Technology assistance agreement with Honeywell, a U.S.-based Fortune 100 Company, for providing technology on friction materials for railway application.

Escorts FY11 Net Profit at 120.1 Crore

New Delhi, November 28, 2011: Escorts Limited today reported a rise in Net Sales by 17% at Rs 3,210 crore in the financial year 2010-11as against Rs 2,745 crore in the previous year. The company reported a Net Profit of Rs120.1 crore for the financial year 2010-11 ending September 30, 2011. This is against a net profit of Rs 137.5 crore in the previous fiscal. EBIDTA stood at Rs 174.5 crore in the current fiscal. Total expenditure saw a rise of 20 per cent, largely on account of a 24 per cent in

Escorts make a mark in Mozambique

To establish a strong presence in the African market, Escorts AMG appointed new distributor in Mozambique.

AMG, Part of Government Delegation to Vietnam

India and Vietnam conducted a comprehensive review of their bilateral issues in the Meeting of the Joint Commission (JCM) co-chaired by External Affairs Minister Mr. S M Krishna. The meeting was held at Hanoi, Vietnam.

Escorts Showcases New Product at Poland Agro Show

Farmtrac Tractors Europe Sp Z.o.o has launched two new models - FT7100DT and FT7110 DT in Europe. These Tractors have made their first public appearance on this year’s Agro Show, at Bednary near Poznan. The Agro Show, Bednary is the biggest farm show in Poland and draws thousands of visitors.

RED Launches Project 45 The Brand Visibility Campaigns

A new marketing initiative from auto products division. Specific teams are deployed to enhance brand visibility and run region specific campaign to enhance brand building efforts in identified markets.

Rail Products Business Signs Agreement with Renowned Company Dako CZ

Escorts (Rail Products Business) has signed an Exclusive Agreement with a European Company; DAKO-CZ a.s. (a world renowned company, manufacturing Brake System and Brake Equipment for Railway Passenger Vehicles, Rail Freight Wagons and Locomotives), for the supply of critical parts of Disc Brake System.

RED Ties up with Ingeteam, Spain for Railway Traction Systems

Escorts has signed an exclusive agreement with Ingeteam Traction to provide world class traction systems to Indian Railways. The product has large scale application on Electric Locomotives, Diesel-Electric Locomotives, Diesel Electrical Multiple Units (DEMU) and Electric Multiple Units (EMU) of Indian Railways.

Escorts at Machinery Mart 2010

Escorts Agri Machinery Division and Escorts Construction Equipment Limited showcased products at the recently held "Machinery Mart 2010," in Guwahati, Assam.

Escorts Exhibits Latest Track Technologies

Escorts Engineering Division exhibited its latest and innovative track technologies to the Indian Railways at the exhibition cum seminar organized by Institution of Permanent Way Engineers (IPWE) and Ministry of Railways at Pune.

Escorts 64th Annual General Meeting

The 64th Annual General Meeting of Escorts was held at Panchkula, Haryana on 12 March 2010.

Escorts Sponsors Tractor Styling and Design Contest Farmtrac 2020

Escorts Ltd. recently sponsored a New Generation Tractor Design contest - Farmtrac 2020, to engage with young minds and create futuristic tractor design concepts. The event was part of ADEX 2010 - a 3 day annual festival at (IIT) Kanpur where students from leading design institutions participated from across the country.

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