Moneycontrol PRO
you are here: HomeNewsEscorts
business
Jump to
25 Results Found
  • Q2 will be stronger than Q3 considering early start of festival season: Escorts Jul 03, 2017 12:06 PM IST

    Q2 will be stronger than Q3 considering early start of festival season: Escorts

    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).

  • Countdown to GST: Find out how India Inc views its impacts Jun 11, 2017 06:05 PM IST

    Countdown to GST: Find out how India Inc views its impacts

    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.

  • Expect 12-15% volume growth in FY18: Escorts Jun 05, 2017 12:23 PM IST

    Expect 12-15% volume growth in FY18: Escorts

    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.

  • Will be looking at similar acquisitions after Lloyd is finalised: Havells India Apr 28, 2017 08:22 AM IST

    Will be looking at similar acquisitions after Lloyd is finalised: Havells India

    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.

  • See double-digit growth in tractor industry in FY18;  uptick in market share: Escorts Apr 05, 2017 11:57 AM IST

    See double-digit growth in tractor industry in FY18; uptick in market share: Escorts

    In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts said that they expect the growth to be better next year.

  • Revival in tractor sales, to pick up further in March: Escorts Jan 18, 2017 10:10 AM IST

    Revival in tractor sales, to pick up further in March: Escorts

    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.

  • Escorts looks to double revenue in the next 3-4 years Dec 16, 2016 03:18 PM IST

    Escorts looks to double revenue in the next 3-4 years

    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.

  • Retail numbers all-time high, expect trend to continue: Escorts Nov 03, 2016 11:43 AM IST

    Retail numbers all-time high, expect trend to continue: Escorts

    Speaking to CNBC-TV18, Bharat Madan, Group Financial Controller of Escorts said that retail numbers at all-time high of over 13,000 units.

  • Sentiment improving; see 15-16% industry growth in FY17: Escorts Oct 04, 2016 10:18 AM IST

    Sentiment improving; see 15-16% industry growth in FY17: Escorts

    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.

  • Auto biz exited, focus now on construction, railways: Escorts Aug 22, 2016 04:10 PM IST

    Auto biz exited, focus now on construction, railways: Escorts

    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.

  • Auto product biz sale will help concentrate on core biz: Escorts Aug 11, 2016 03:05 PM IST

    Auto product biz sale will help concentrate on core biz: Escorts

    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.

  • Escorts sees margins rising to 7.6% by FY18 Jul 04, 2016 11:00 AM IST

    Escorts sees margins rising to 7.6% by FY18

    Bharat Madan, Group Financial Controller, Escorts is confident of the company clocking a run rate of 5000 units per month for this fiscal year.

  • Tractor business to get a push from rains: Escorts Jun 21, 2016 10:45 AM IST

    Tractor business to get a push from rains: Escorts

    While growth in northern market has been tepid, southern markets have been growing phenomenally, says Ravi Menon, CEO of Agri Machinery, Escorts.

  • See 5-8% FY17 growth; demand yet to rise in north India: Escorts Apr 04, 2016 10:42 AM IST

    See 5-8% FY17 growth; demand yet to rise in north India: Escorts

    Tractor margins are expected to be at 8-9 percent in FY17, says Bharat Madan, Group Financial Controller, Escorts.

  • ICRA ratings upgrade will help reduce interest burden: Escorts Mar 17, 2016 09:42 AM IST

    ICRA ratings upgrade will help reduce interest burden: Escorts

    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

  • Hopeful of seeing volume growth in Jan and Feb: Escorts Jan 04, 2016 11:05 AM IST

    Hopeful of seeing volume growth in Jan and Feb: Escorts

    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.

  • Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts Aug 28, 2015 10:18 AM IST

    Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts

    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.

  • Eyeing 3-4% growth in FY15: Escorts Agri Machinery Sep 15, 2014 10:25 AM IST

    Eyeing 3-4% growth in FY15: Escorts Agri Machinery

    The company just recently launched two tractor models in Bangladesh- Farmtrac 6060- Heritage series and Powertrac Diesel-Saver Plus 4450 Euro series.

  • See 6000 units per month run-rate by Feb, March: Escorts Jan 03, 2014 01:01 PM IST

    See 6000 units per month run-rate by Feb, March: Escorts

    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.

  • Exports only silver lining amid auto gloom: SIAM Jan 02, 2014 05:22 PM IST

    Exports only silver lining amid auto gloom: SIAM

    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.

  • Will hike price by 1.5-2% in Nov: Escorts Agri Machinery Nov 05, 2013 10:09 AM IST

    Will hike price by 1.5-2% in Nov: Escorts Agri Machinery

    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.

  • Escorts eyes 13-14% growth, says phenomenal Sept sales rare Oct 04, 2013 02:18 PM IST

    Escorts eyes 13-14% growth, says phenomenal Sept sales rare

    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.

  • See margins improving on new products demand: Escorts Jul 03, 2013 11:36 AM IST

    See margins improving on new products demand: Escorts

    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.

  • Escorts plans to launch products in premium segment May 28, 2013 03:47 PM IST

    Escorts plans to launch products in premium segment

    Escorts plans to focus on high value premium offerings going forward, said joint managing director Nikhil Nanda.

  • See 15-20% growth on waning manual labour: Escort Apr 21, 2011 01:50 PM IST

    See 15-20% growth on waning manual labour: Escort

    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.

Sections
ISO 27001 - BSI Assurance Mark