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Escorts Limited announces Financial Results for Q1 FY2013

EBIDTA growth 74%; PAT up 210%

Escorts Ltd. announced its unaudited financial results for the first quarter of the financial year 2013 ended 31st December 2012 recently.

Q1 FY13 Financial Performance Highlights:

  • Net sales stood at Rs. 1,028.2 crore
  • EBIDTA saw an increase of 74% YoY to Rs. 53.0 crore vs Rs. 30.5 crore
  • EBIDTA margin expanded by 218 basis points to 5.15%
  • PBT was up significantly by 263% to Rs. 31.2 as compared to 8.6 crore in Q1 FY12
  • PAT rose by 210% to Rs. 28.1 crore along with improvements in margin by 185 basis points