Escorts has reported results for second quarter ended September 30, 2019.
The company has reported 1.81% rise in its net profit at Rs 104.60 crore for the quarter under review as compared to Rs 102.74 crore for the same quarter in the previous year. However, total income of the company decreased by 5.32% at Rs 1,344.91 crore for Q2FY20 as compared Rs 1,420.48 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 0.34% in its net profit at Rs 101.54 crore for the quarter under review as compared to Rs 101.20 crore for the same quarter in the previous year. However, total income of the company decreased by 5.79% at Rs 1,355.21 crore for Q2FY20 as compared Rs 1,438.48 crore for the corresponding quarter previous year.
