Jul 03, 2017 12:06 PM IST
Escorts has just released tractor sales this morning and seen a 17 percent dip year-on-year. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that the dip is due to de-stocking for goods and services tax (GST).
- Jun 11, 2017 06:05 PM IST
Watch the interview of Kiran Mazumdar-Shaw, CMD of Biocon, Rakesh Biyani, Joint MD at Future Retail, Gnanesh Gala of Navneet Education, Harsh Mariwala of Marico, Bharat Madan, Group CFO at Escorts and KU Subbiah, CFO, VST Tillers Tractors in which they shared their views on how goods and services tax (GST) will impact businesses across the country.
- Jun 05, 2017 12:23 PM IST
Escorts saw strong sales growth in many as improved monsoon outlook boosted tractor sales. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts spoke about the latest happenings in his company and sector.
- Apr 28, 2017 08:22 AM IST
On the side-lines of AIMA's event in Delhi, Ashpreet Sethi of CNBC-TV18 caught up with Pawan Munjal, MD of Hero Motocorp and Anil Rai Gupta of Havells India.
- Apr 05, 2017 11:57 AM IST
In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that they expect the growth to be better next year.
- Jan 18, 2017 10:10 AM IST
Speaking to CNBC-TV-18, Bharat Madan, Group Financial Controller of leading engineering conglomerate Escorts, said that a revival was witnessed in December as tractor sales beat estimates.
- Dec 16, 2016 03:18 PM IST
In an interview with CNBC-TV18 Nikhil Nanda said that the company is at an inflection point and sees rapid growth in the coming years.
- Nov 03, 2016 11:43 AM IST
Speaking to CNBC-TV18, Bharat Madan, Group Financial Controller of Escorts said that retail numbers at all-time high of over 13,000 units.
- Oct 04, 2016 10:18 AM IST
While the strong sales number posted by Escorts in September was largely due to pre-festival exuberance, industry growth has also been fairly good for the last 5-6 months, says Bharat Madan, Group Financial Controller at Escorts.
- Aug 22, 2016 04:10 PM IST
Escorts will now focus on core agriculture (tractors), construction and railways businesses says Managing Director Nikhil Nanda speaking to CNBC-TV18 after the company announced divestment of its automobile parts business.
- Aug 11, 2016 03:05 PM IST
Escorts today said that it will be divesting its OEM and export business of auto product division to Badve Engineering Ltd, Pune in an all cash deal.
- Jul 04, 2016 11:00 AM IST
Bharat Madan, Group Financial Controller, Escorts is confident of the company clocking a run rate of 5000 units per month for this fiscal year.
- Jun 21, 2016 10:45 AM IST
While growth in northern market has been tepid, southern markets have been growing phenomenally, says Ravi Menon, CEO of Agri Machinery, Escorts.
- Apr 04, 2016 10:42 AM IST
Tractor margins are expected to be at 8-9 percent in FY17, says Bharat Madan, Group Financial Controller, Escorts.
- Mar 17, 2016 09:42 AM IST
Following the rating upgrade on short term credit as well, the company plans to launch a commercial paper shortly, says Bharat Madan, Group Financial Controller of Escorts
- Jan 04, 2016 11:05 AM IST
Bharat Madan, Group Financial Controller of Escorts, in an interview with CNBC-TV18 said that there will be an improvement in volumes for the month of January and February 2016.
- Aug 28, 2015 10:18 AM IST
In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts says volume growth to remain low in the current quarter due to insufficient monsoon.
- Sep 15, 2014 10:25 AM IST
The company just recently launched two tractor models in Bangladesh- Farmtrac 6060- Heritage series and Powertrac Diesel-Saver Plus 4450 Euro series.
- Jan 03, 2014 01:01 PM IST
Sameer Tandon, Escorts Agri Machinery is optimistic of run rate going back to 6000 units per month from the current 4000 units by February, March.
- Jan 02, 2014 05:22 PM IST
In an interview with CNBC-TV18, Vikram Kirloskar, President of Society of Indian Automobile Manufacturers (SIAM) and Vice Chairman, Toyota Kirloskar Motor Ltd (TKML), spoke about the state of the auto industry and what it will take to kick-start growth.
- Nov 05, 2013 10:09 AM IST
The company sold 9,209 tractors in domestic market in October 2013 and expects its volumes to grow by 12-13 percent in this festive season.
- Oct 04, 2013 02:18 PM IST
According to Sameer Tandon, the 33-34 percent growth seen by the company in September (YoY) may not be sustainable going ahead. However, he believes good monsoons can keep up the positive momnetum.
- Jul 03, 2013 11:36 AM IST
Despite a conitnuing slowdown seen in the auto industry, Sameer chief of sales- service and spares, Escorts expects the company to post better margins on the back of new products.
- May 28, 2013 03:47 PM IST
Escorts plans to focus on high value premium offerings going forward, said joint managing director Nikhil Nanda.
- Apr 21, 2011 01:50 PM IST
Rohtash Mal, executive director and CEO of Escort says that the tractor sales have been upbeat on account of a many factors, apart from the MET forecast. “Low manpower and high literacy, along with ready available finances are the drivers to the buoyant tractor sale,” he says.