Escorts has reported results for second quarter ended September 30, 2020.
The company has reported 2- fold jump in its net profit of Rs 229.91 crore for the quarter under review as against net profit of Rs 104.60 crore for the same quarter in the previous year. Total income of the company increased 24.71% at Rs 1677.26 crore for Q2FY21 as compared Rs 1344.91 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 2- fold jump in its net profit attributable to owner at Rs 226.87 crore for the quarter under review as against net profit of Rs 101.74 crore for the same quarter in the previous year. Total income of the company increased by 24.95% at Rs 1693.37 crore for Q2FY21 as compared Rs 1355.21 crore for the corresponding quaarter previous year.
