Escorts has reported results for second quarter ended September 30, 2015.
The company has posted net profit at Rs 16.18 crore for the quarter ended September 30, 2015 as compared to net loss Rs 7.86 crore for the same quarter in the previous year. however, the company’s total income has decreased by 18.59% to Rs 816.43 crore for the quarter under review from Rs 1002.91 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.
