Escorts has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a rise of 89.21% in its net profit at Rs 112.54 crore for the quarter ended March 31, 2018 as compared to Rs 59.48 crore for the same quarter in the previous year. Total income of the company has increased by 37.32% at Rs 1,458.66 crore for quarter under review as compared to Rs 1,062.21 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a jump of over 2 fold jump in its net profit at Rs 344.72 crore as compared to Rs 160.44 crore for the same period in the previous year. Total income of company increased 20.53% at Rs 5,075.38 crore for year under review as compared to Rs 4,211.04 crore for the period ended March 31, 2017.
