Escorts LTD. : Q4FY17 Results
Amir Shaikh / 29 May 2017
The company's total sales for Q4FY17 came in at Rs 1022.31 crore, which represents a 4.82 per cent sequential decline and 29.65 per cent YoY increase.
Escorts Limited reported its results for the quarter ended March 31, 2017 market hours today.
The company's total sales for Q4FY17 came in at Rs 1022.31 crore, which represents a 4.82 per cent sequential decline and 29.65 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 174.37 crore and its EBIT margin stood at 17.06 per cent.
The company reported PAT of Rs 55.36 crore, which represents a sequential QoQ increase of 2.25 per cent and a YoY increase of 149.74 per cent.
The company's stock opened for trading at Rs 645.9 on the BSE and rose 5.04 per cent after the results were declared. It is trading at Rs. 675.20 intra-day tOday.
Escorts Limited is an India-based company engaged in manufacturing tractors. The company operates in various business segments: agri machinery, auto products, railway equipments and others services. Its railway equipment products offering includes brakes, couplers, shock absorbers, rail fastening systems, composite brake blocks and vulcanized rubber parts. In the auto components segment, Escorts manufactures auto suspension products, including shock absorbers and telescopic front forks. The company also operates in the information technology enabled services (ITeS) and financial services sectors
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.