Escorts has reported results for first quarter ended June 30, 2018.
The company has reported a rise of 92.69% in its net profit at Rs 120.70 crore for the quarter under review as compared to Rs 62.64 crore for the same quarter in the previous year. Total income of the company increased by 29.11% at Rs 1,528.26 crore for Q1FY19 as compared Rs 1,183.65 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.
