Escorts has reported results for third quarter ended December 31, 2021.
The company has reported fall of 28.20% in its net profit at Rs 201.52 crore for the quarter under review as compared to Rs 280.65 crore for the same quarter in the previous year. Total income of the company decreased by 3.25% at Rs 1997.46 crore for Q3FY22 as compared Rs 2064.65 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 32.37% in its net profit at Rs 193.71 crore for the quarter under review as compared to Rs 286.42 crore for the same quarter in the previous year. Total income of the company decreased by 3.15% at Rs 2025.00 crore for Q3FY22 as compared Rs 2090.93 crore for the corresponding quarter previous year.