Escorts has reported results for third quarter ended December 31, 2016.
The company has reported 11.21% rise in its net profit at Rs 22.71 crore for the quarter ended December 31, 2016 as compared to Rs 20.42 crore for the same quarter in the previous year. Total income of the company increased by 21.64% at Rs 1100.79 crore for the quarter under review as compared Rs 904.97 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.
| Company Name | CMP |
|---|---|
| Escorts Kubota | 3195.05 |
| VST Tillers Tractors | 5246.65 |
| Indo Farm Equipment | 144.65 |
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