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Escorts Group News

Escorts Third Quarter Net Profit at Rs. 26.9 Crore

New Delhi, August 6, 2012: Escorts Limited today reported a Net Profit of Rs. 26.9 crore for the third quarter of the 2011-12 financial year, ending June 30, 2012. Net profit for the quarter was up by 104% compared to Rs. 13.2 crore in the corresponding quarter (April-June 2011) last year. Escorts Limited follows an October-September fiscal year and the reported quarter is the third quarter of fiscal 2011-12.

Farmtrac Tractor is prized possession at Poland Competition

Painted in gold, Escorts’ Farmtrac 675 DT is up for grabs as the first prize in Poland’s ‘Safe Farm 2012’ Competition. Hosted by KRUS (Agricultural Social Insurance Fund, the competition is into its tenth year and is organised under the honorary patronage of the Polish president.

EAM wins Greentech Gold Safety Award for second consecutive year

Escorts Agri Machinery has bagged the “11th Annual Greentech Safety Award – 2012” Gold category in the Engineering Sector consecutively for two years. This award is given for the company’s achievements in safety management. The award ceremony was held at Sher-i-Kashmir Conference Centre (SKICC), Srinagar, on July, 12, 2012. Mr. A.K. Srivastava, Head – Environment, Health & Safety, Escorts Group, was present on the occasion to receive the award.

Escorts Tractors showcased in Ghana

Escorts Agri Machinery participated in the ‘Made in India Show’ in Accra, Ghana, from July 9-11, 2012. The event was an initiative of FICCI along with the Government of India to showcase India’s economic capabilities and to establish long-term economic ties with West African countries.

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.

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