Escorts 12 month profit soars to 167.6 crore
Escorts Limited reported a 141% growth in profit to Rs. 167.6 crore for the 12-month ended 30th Sept. 2013 as against Rs. 69.6 crore in the fiscal 2011-12. Profits for the fourth quarter stood at Rs. 43.6 crore as against Rs. 18.9 crore in the corresponding period in the last fiscal, an increase of 131%.
Escorts 12 Month Profit Soars to Rs. 167.6 Crore
12 Month closes with a 141% profit jump
World Premiere of new Farmtrac Series at Agritechnica
Escorts Agri Machinery will be launching the Farmtrac World Series of tractors at Agritechnica, Hannover, Germany. Considered to be one of the biggest agriculture exhibitions in the world, Agritechnica will be held between 10th and 16th of November, 2013.
Escorts launches Steeltrac – The Row Crop Specialist
Ahmedabad, October 7, 2013 : Escorts Limited, India’s leading tractor manufacturer, today announced the launch of India’s first row-crop special tractor - Steeltrac, specially designed for row-crop farming. Escorts has entered into a strategic alliance with Rajkot-based Adico Group for manufacturing of this sub-20 HP tractor.
Nikhil Nanda appointed Managing Director of Escorts Ltd.
The Board of Directors of Escorts Limited announced the appointment of Mr. Nikhil Nanda as its Managing Director. He is currently the Joint Managing Director.
Nikhil Nanda appointed Managing Director of Escorts Ltd
New Delhi, September 18, 2013: The Board of Directors of Escorts Limited today announced the appointment of Mr. Nikhil Nanda as its Managing Director. He is currently the Joint Managing Director.
Escorts enters Cambodia, strengthens position in South East Asia
Phnom Penh, Cambodia, September 11, 2013: Escorts Limited, India’s leading tractor manufacturer, today announced its entry into Cambodia with the launch of its premium tractor range - Farmtrac. For the launch, Escorts has collaborated with TATA International which will operate as the distributor (TATA South East Asia (Cambodia) Ltd.) of the brand. With world-class technologies, impressive features, and stunning looks – these new tractors are set to revolutionize the Cambodian tractor market.
Escorts organises first Tractor Retail Financiers Conference
Escorts Agri Machinery’s Retail Finance team recently organised the first all-India Tractor Retail Financiers’ Conference in Faridabad.
Escorts Union Sign Agreement on Employee Welfare
New Delhi, 2 September, 2013: Continuing with the spirit and tradition of Company-Employee harmonious collaboration that have been maintained over the years, Escorts Limited, India’s leading tractor manufacturer, today signed a long term agreement on for the period 2013-16.
Escorts Records 216 % Growth in Third Quarter
ESCORTS RECORDS 216 % GROWTH IN THIRD QUARTER
Sampark – Escorts Service Engineers on the Move
In July 2013, Escorts Construction Equipment flagged off one of its biggest ‘customer connect’ campaigns. Titled Sampark, this national level service campaign had 1,200 Escorts-trained engineers and technicians cover 14,000 machines in the field. Our technicians not only serviced each machine, but also gave the customers useful tips on usage and maintenance.
Escorts CIO Wins Top Information Security Award
The IT team of Escorts Limited has bagged yet another prestigious award – the 'Top 100 CISO Award 2013’ – for its excellent work on implementing information security across the company. The award was received by Mr. Vipin Kumar, Chief Information Officer of Escorts Group.
Struts & Shock Absorbers for Tata Four Wheelers
Escorts Auto Products makes its entry into the Indian four-wheeler OEM segment with Tata’s commercial vehicles – Super Ace and Venture. EAP will manufacture and supply gas struts for front suspension and hydraulic shock absorbers for the rear of this range of four wheelers. Gas struts are developed using advanced technology that enhances the durability of the product and also improves its life.
Escorts Launches Crop Solutions, signs MoU with SBI
Faridabad, June 4, 2013: Escorts Limited, India’s leading tractor manufacturer, today signed a Memorandum of Understanding (MoU) with State Bank of India (SBI) for providing financial assistance to its newly launched agri service infrastructure called ‘Escorts Crop Solutions’.The signing ceremony was presided over by Mr. Ashish Kumar Roy, Chief General Manager, State Bank of India and Mr.Rajan Aggarwal
Diamond Award for Chairman Rajan Nanda
Escorts Limited Chairman, Mr. Rajan Nanda, was conferred the Diamond Award at the recently held Faridabad Industries Association’s (FIA) Diamond Jubilee celebrations. The award was presented by the Chief Minister of Haryana, Mr. Bhupinder Singh Hooda, who applauded Mr. Nanda for his tremendous efforts and contribution in creating the industrial hub of Faridabad.