Moneycontrol PRO
you are here: HomeNewsEscorts
management interviews
Jump to
38 Results Found
  • Expect margin to hold on to 13-14% levels for FY19: Escorts Feb 05, 2018 01:16 PM IST

    Expect margin to hold on to 13-14% levels for FY19: Escorts

    Escorts in focus, a lots of tailwinds for the company. They reported very strong tractor sales in January. The other positive is the big push for agriculture in the Union Budget and Q3 numbers which stood fairly strong. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts spoke about the results and his outlook for the company.

  • Expect to see slow growth in H2 & 13-14% overall growth for FY18: Escorts Nov 02, 2017 10:40 AM IST

    Expect to see slow growth in H2 & 13-14% overall growth for FY18: Escorts

    October sales for Escorts were above estimates while Q2 earnings met street estimates. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts shared his views and readings on the same.

  • Expect to beat industry revenue growth rate: Escorts Jul 31, 2017 11:26 AM IST

    Expect to beat industry revenue growth rate: Escorts

    Escorts saw a healthy set of Q1 earnings as revenue growth at 11 percent was a strong beat while margins were a tad above estimates. In an interview to CNBC-TV18, Bharat Madan, CFO of Escorts spoke about the results and his outlook for the company.

  • 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.

  • Expect 8-10% growth in tractors segment in FY18: Escorts Feb 10, 2017 02:26 PM IST

    Expect 8-10% growth in tractors segment in FY18: Escorts

    Government impetus on construction equipment, railways and agriculture in the Budget will keep Escorts' growth trajectory going for the next 2-3 years, says CFO Bharat Madan.

  • 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.

  • Expect record tractor sales in FY18 if monsoon good: Escorts Jul 29, 2016 10:34 AM IST

    Expect record tractor sales in FY18 if monsoon good: Escorts

    The tractor sales of Escorts peaked in FY14, when it sold around 69,000 tractors. Madan feels this year the company may report similar numbers. It has sold close to 16,300 tractors in the first quarter.

  • 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

  • To do around 11,000 tractor units in FY16: Escorts Feb 03, 2016 10:57 AM IST

    To do around 11,000 tractor units in FY16: Escorts

    Engineering and farm equipment major Escorts on Tuesday reported a 42.57 percent dip in its standalone net profit at Rs 20.49 crore for the third quarter ended December 31, 2015.

  • 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.

  • Festival season, monsoon to boost Q3 earnings nos: Escorts Aug 07, 2015 10:25 AM IST

    Festival season, monsoon to boost Q3 earnings nos: Escorts

    In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts said the third quarter will be bumper with festival season on and adequate rainfall.

  • Flat tractor sales ahead, construction to pick up: Escorts Feb 12, 2015 11:34 AM IST

    Flat tractor sales ahead, construction to pick up: Escorts

    Escorts posted a 21.5 percent decline in its third quarter net profit to Rs 35.7 crore impacted by lower revenue and operating income in tractor business.

Sections
ISO 27001 - BSI Assurance Mark