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Escorts Group News

Escorts unveils the new Powertrac ‘Business Tractor’ range in Punjab and Haryana

Chandigarh, December 1, 2012:Escorts Limited, India’s leading tractor manufacturer, today unveiled its all-new POWERTRAC ‘Business Tractor’ range in Punjab and Haryana. The new tractor range, available in 25 HP to 50 HP, offers 5 new models & more than 20 variants and caters to the new emerging ‘commerce-minded’ farmer.

Escorts clocks 20% Growth in Sales to Rs. 3,877.7 Crore

New Delhi, November 27, 2012: Escorts Limited today reported its first annual results of the post-merger entity. The company reported net sales of Rs. 3,877.7 crore, an increase of 20% over the previous fiscal’s net sales of Rs. 3,210 crore. Escorts Limited reported a 23.1% increase in EBIDTA at Rs. 182.2 crore as against Rs. 148.1 crore in the previous fiscal. Net Profit stood at Rs. 69.6 crore.

Escorts launches New Powertrac DS-Plus Tractors in Hyderabad

Hyderabad, November 21, 2012: POWERTRAC, a popular tractor brand from the stable of Escorts Limited, known for its excellent fuel economy, today announced the launch of its new ‘DIESEL-SAVER PLUS’ tractor series – offering not just maximum mileage but also the best-in-class horsepower ratings. The new POWERTRAC DS-PLUS series, with a 10% power upgrade across its range, caters to the emerging ‘commerce-minded’ segment of the Indian farmers

Escorts Ltd. announces appointment of Dipankar Ghosh as Head of Railway Products

New Delhi, November 7, 2012: Escorts Ltd today announced the appointment of Mr. Dipankar Ghosh as the new head of Escorts Railway Products. He would be focusing on driving growth for the business and bring in vital transformations in order to achieve company objectives.

Escorts goes for the Power Trip (24 September 2012)

Bhopal, September 24, 2012: POWERTRAC, a popular tractor brand from the stable of Escorts Limited, known for its excellent fuel economy, today announced the launch of its new ‘DIESEL-SAVER PLUS’ tractor series – offering not just maximum mileage but also the best-in-class horsepower ratings. The new POWERTRAC DS-PLUS series, with a 10% power upgrade across its range, caters to the emerging ‘commerce-minded’ segment of the Indian farmers, who use their tractors not just for regular farm work but

Escorts increases Tractor Prices

Chandigarh, September 1, 2012: Escorts Limited, India’s leading tractor manufacturer, has announced an increase in prices of its tractors. The increase in prices is due to rising input cost especially that of the raw materials likes steel. The company has so far been absorbing the impact of increased factor costs without burdening its customers. The current hike in prices is in the range of 2-3% and will be applicable from 1st September across the range of Farmtrac, Powertrac and Escorts brand o

Escorts Third Quarter Net Profit at Rs. 26.9 Crore

New Delhi, August 6, 2012: Escorts Limited today reported a Net Profit of Rs. 26.9 crore for the third quarter of the 2011-12 financial year, ending June 30, 2012. Net profit for the quarter was up by 104% compared to Rs. 13.2 crore in the corresponding quarter (April-June 2011) last year. Escorts Limited follows an October-September fiscal year and the reported quarter is the third quarter of fiscal 2011-12.

Escorts second quarter Net Profit at Rs.18.1 Crore

Escorts Limited today reported a Net Profit of 18.1 crore for the second quarter of the 2011-12 financial year, ending March 31, 2012. Net profit stood at 18.1 crore as against 10.9 crore in the previous quarter. Escorts Limited follows an October-September fiscal year and the reported quarter is the second quarter of fiscal 2011-12.

Escorts launches India's First Executive Tractor

FARMTRAC, a leading tractor brand from the Escorts stable, today announced the launch of two new tractor models, 6060 and 6065 – India’s first ‘Executive’ Tractors. Available in 60HP and 65HP, these tractors are designed to cater to the progressive new- age Indian farmer, who are smart, educated, have an entrepreneurial bent of mind, and have adopted farming as a business of their choice.

Escorts First Quarter Net Profit at 10.86 crore

New Delhi, February 2, 2012: Escorts Limited today reported a Net Profit of 10.86 crore for the first quarter of the 2011-12 financial year ending December 31, 2011. Net sales increased 7.8% sequentially to 823 crore on account of a sequential increase of 9.2% in tractor sales. Escorts Limited follows an October-September fiscal year and the reported quarter is the first quarter of fiscal 2011-12.

Escorts signs agreement with Honeywell for Railway Brake Systems

New Delhi, December 21, 2011:Escorts Limited, a leading manufacturer of critical railway components, has entered into an exclusive License and Technology assistance agreement with Honeywell, a U.S.-based Fortune 100 Company, for providing technology on friction materials for railway application. Escorts Limited has been manufacturing and supplying various products to the Indian Railways and is one of the key players for supply of brake system including Composite Brake Blocks.

Escorts FY11 net profit at 120.1 Crore

New Delhi, November 28, 2011: Escorts Limited today reported a rise in Net Sales by 17% at Rs 3,210 crore in the financial year 2010-11as against Rs 2,745 crore in the previous year. The company reported a Net Profit of Rs120.1 crore for the financial year 2010-11 ending September 30, 2011. This is against a net profit of Rs 137.5 crore in the previous fiscal. EBIDTA stood at Rs 174.5 crore in the current fiscal.

Escorts Third Quarter Net Profit AT 13.2 Crore

New Delhi, August 5, 2011: Escorts Limited today reported a Net Profit of Rs 13.2 crore for the third quarter of the 2010-11 financial year ending June 30, 2011. Net sales stood at Rs 728.9 crore. Escorts Limited follows an October-September fiscal year and the reported quarter is the third quarter of fiscal 2010-11.

Escorts Enters Niche Domain of Rail Traction Systems

Escorts has signed an exclusive agreement with Ingeteam Traction to provide world class traction systems to Indian Railways.

Escorts Knowledge Management Center Wins the "Greenteck Gold Award" for Excellence in Environment Management

The Escorts Group is among India's leading engineering conglomerates has been committed to environment conservation and management. From focusing on producing Agri Machinery to implementing eco friendly technologies, waste management and from reducing its carbon footprint to driving energy conservation, Escorts Limited – Agri Machinery Group has been leading the agenda of growth with responsibility.

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