Escorts wins Seimens Solid Model Contest
For the second year in a row, the Escorts Knowledge Management Centre has won the 3D Solid Model Contest organised by Siemens India. The award was in recognition of the outstanding work done by Escorts’ CAE team in creating the 3D model for the newly-designed side gear shifting mechanism in Farmtrac tractors.
Escorts inaugurates Service Centre in Bangladesh
Escorts Agri Machinery’s international business team recently organised a customer meet to announce the inauguration of their new service centre in Thakurgaon. The state-of-the-art service centre will cater to the tractor servicing needs of the people in the region and also enhance our brand awareness.
Escorts second quarter Net Profit at Rs.18.1 Crore
Escorts Limited today reported a Net Profit of 18.1 crore for the second quarter of the 2011-12 financial year, ending March 31, 2012. Net profit stood at 18.1 crore as against 10.9 crore in the previous quarter. Escorts Limited follows an October-September fiscal year and the reported quarter is the second quarter of fiscal 2011-12.
Escorts launches India's First Executive Tractor
FARMTRAC, a leading tractor brand from the Escorts stable, today announced the launch of two new tractor models, 6060 and 6065 – India’s first ‘Executive’ Tractors. Available in 60HP and 65HP, these tractors are designed to cater to the progressive new- age Indian farmer, who are smart, educated, have an entrepreneurial bent of mind, and have adopted farming as a business of their choice.
Escorts Comansa-JIE erect the World’s Highest Cooling Tower
ECEL’s tie up with Comansa-JIE has led to yet another achievement in the construction equipment manufacturing industry. Tower cranes manufactured by the company have been used in the construction of the world’s highest cooling tower.
ECEL Imparts Training to Nigerian Students
Escorts Construction Equipment Limited organized a month-long workshop for a batch of 22 students from Nigeria. The session focused on operations related to Pick-n-Carry Cranes, Digmax Backhoe Loader and Vibratory Compactor.
KMC Develops Most Fuel-Efficient Tractor
Escorts Knowledge Management Centre (KMC) engineers have developed a new PT425 tractor in its Powertrac series of tractors. This new model is in the 25 HP range and has two cylinder engines.
Escorts showcases its Tractors in Jakarta and Tunisia
Escorts Agri Machinery participated in the “India Show – Jakarta” in March 2012 to promote its range of tractors in Indonesia and neighbouring countries. The exhibition was attended by more than 7000 people from Indonesia and other South East Asian countries.
Escorts ties up with Amul Industries for Mini Tractors
Furthering its mission of providing the Indian farmer with premium technological solutions, Escorts Agri Machinery entered into a strategic alliance with Rajkot-based Amul Industries for distribution and marketing of sub-20HP mini agricultural tractors. To begin with, the new product line will be launched in the key markets of Gujarat, Maharashtra and Andhra Pradesh.
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 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 Limited has been manufacturing and supplying various products to the Indian Railways and is one of the key players for supply of brake system including Composite Brake Blocks.
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.