Escorts has reported results for fourth quarter and year ended March 31, 2019.
The company has reported a rise of 7.83% in its net profit at Rs 121.35 crore for the quarter under review as compared to Rs 112.54 crore for the same quarter in the previous year. Total income of the company increased by 13.05% at Rs 1,649.00 crore for Q4FY19 as compared Rs 1,458.66 crore for the corresponding quarter previous year.
For the year ended March 31, 2019, the company has reported a rise of 40.67% in its net profit at Rs 484.91 crore as compared to Rs 344.72 crore for the previous year. Total income of the company increased by 23.68% at Rs 6,277.21 crore for year under review as compared to Rs 5,075.38 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 37.89% in its net profit at Rs 477.90 crore as compared to Rs 346.59 crore for the previous year. Total income of the company increased by 23.49% at Rs 6,354.42 crore for year under review as compared to Rs 5,145.51 crore for year ended March 31, 2018.
