Escorts has reported results for third quarter ended December 31, 2014.
The company has registered a fall of 21.66% in its net profit at Rs 35.69 crore for the quarter under review as compared to Rs 45.56 crore for the same quarter in the previous year. Total income of the company decreased by 9.71% at Rs 1061.24 crore for Q3FY15 as compared Rs 1175.43 crore for the corresponding quarter previous year.
Escorts offer a comprehensive range of tractors with more than 45 variants starting from 25 to 80 HP. The company also manufactures and markets a diverse range of equipments like cranes, loaders, vibratory rollers and forklifts.