Escorts has reported results for third quarter ended December 31, 2019.
The company has reported a rise of 9.24% in its net profit at Rs 153.05 crore for the quarter under review as compared to Rs 140.11 crore for the same quarter in the previous year. However, total income of the company decreased by 1.15% at Rs 1,660.17crore for Q3FY20 as compared Rs 1,679.47 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 11.05% in its net profit attributed to the owners at Rs 154.87 crore for the quarter under review as compared to Rs 139.46 crore for the same quarter in the previous year. However, total income of the company fell by 1.32% at Rs 1,678.15 crore for Q3FY20 as compared Rs 1,700.57 crore for the corresponding quarter previous year.
