Escorts has reported results for first quarter ended June 30, 2015.
The company has reported a rise of 6.33% in its net profit at Rs 36.27 crore for the quarter ended June 30, 2015 as compared to Rs 34.11 crore for the same quarter in the previous year. However, the company’s total income has decreased by 13.19% to Rs 988.94 crore for the quarter under review, from Rs 1139.22 crore for the corresponding quarter of the 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.