Escorts has reported results for third quarter ended December 31, 2015.
The company has reported 42.56% fall in its net profit at Rs 20.50 crore for the quarter ended December 31, 2015 as compared to Rs 35.69 crore for the same quarter in the previous year. The company’s total income has decreased by 15.08% to Rs 901.16 crore for the quarter under review from Rs 1061.24 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.
